Triplex
Listing Agent: Michael Sacks (DRE #01945984) · Listing Office: Kirklen Investment Group · Contact: 949-942-1300 · Bought with: General NONMEMBER · NONMEMBER MRML · MLS #OC22224639 · Source: CRMLS
This is an attractive, low-barrier-to-entry investment property, ideally located in a coveted area of North Orange County. The asset is located on a street with nearly all single family residences. All three units provide individual single-car garages, and there is a nice amount of private outdoor space. The street consists of only two multi-unit properties (this and one other). With charming curb-appeal up and down the streets, all single-story construction, and laundry connections inside each of the units, tenant turnovers are minimal and rental upside is higher than average. Market rents to produce more than $80,000 GSI.
Listing description from the January 2023 sale, as reported to CRMLS.