7245 Harding Cir, Buena Park, CA 90620

About this property

This property is currently leased out to an operating who has a 5-year lease. Tenant is about to enter their 3rd year of the lease. Rent Caps at $9000 per month on the 5th year. Tenant has two 5-year options to extend subject to CPI increases. Great Investment property with very little to no maintenance obligations. Property was completely remodeled in 2016 and is licensed as a Congregate Living Health Facility (CLHF). Landlord was very detailed and left no stone un-turned for this remodel. Property is equipped with fire sprinklers, fire alarm system, back-up generator, nurses call system, central ethernet connections, commercial a/c and tank-less water heater system. Property consists of wide hallways, open common area, six large bedrooms, three walk-in showers and one staff restroom.

Listing description from the June 2020 sale, as reported to CRMLS.

Sale history

$1,075,000

Sold June 2020 · listed $1,200,000, on market January 2020 · MLS #PW20009317 · Source: CRMLS

Listing Agent: Amed Franco · Listing Office: A-Med Realty Group · Contact: 714-224-0826 · Bought with: Alok Kumar · Dotted Line Realty

$545,000

Sold November 2015 · listed $539,900, on market October 2015 · MLS #PW15237119 · Source: CRMLS

Listing Agent: Jo Stepanenko · Listing Office: Keller Williams Realty · Contact: 714-584-2700 · Bought with: Gary Ricco · Re/Max R. E. Specialists

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