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255 255-265 S Monte Vista Street, La Habra, California

$1,788,888Active

255 255-265 S Monte Vista Street, La Habra, California 90631
- MLS® ID: PW17162556

Property Details

255 255-265 S Monte Vista Street, La Habra, California 90631 - SVN Vanguard is pleased to present The Northpark Villas. This beautiful 6-unit multifamily residential property consists of two buildings, each with 3 two bedroom / one bath units. Ceiling fans installed in living rooms, kitchens and bedrooms. Pitched rooms with new insulation and attic venting. New counter tops in the kitchens and bathrooms. Newly landscaped grounds require little maintenance and maintain the neighborhood's natural aesthetics. Private front patios and back yards round out the amenities. The Monte Vista neighborhood is a mix of very old homes, and newer apartment/condo properties. As a result of completely modernizing the interior of each unit, and due to the high demand for rental units in this neighborhood, Northpark Villas can command artificially high rents when compared to the size and age of each unit.This six-unit property will be an excellent investment opportunity for investors who are looking for both long and short term investment horizons. Due to its strong demographic area, the new owner will be able to add value through aggressive management with rental increases to achieve over five percent return within short period of time.

Amenities

  • Zip90631
  • CountyOrange
  • StatusActive
  • Purchase TypeActive
  • Property typeMulti-Family
  • Year built1964
  • Lot size20037.0000
  • CoolingWall Window
  • ParkingAssigned
  • MLS® IDPW17162556

Listing Courtesy of Cameron Irons~SVN / Vanguard

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“Nat was an excellent realtor. Clear and concise with his contracts, gets back to you quickly and is well liked in the community. I would definitely recommend Nat for any future deals. His knowledge of Seal Beach is excellent.”

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