Property · 3 recorded sales since 2021
Listing Agent: Norb Kohler (DRE #01988364) · Listing Office: Zutila, Inc · Contact: 949-681-8300 · Bought with: Irma Ortiz-Rodriguez · Re/Max Top Producers · MLS #OC22060139 · Source: CRMLS
This is your chance to own a 4 plex multi family unit in the heart of Orange with solid, reliable tenants, 3 of which are Section 8. Never experienced Section 8...? just imagine rent being paid monthly by automatic deposit by the County... rain or shine, pandemic, no pandemic... you get paid. Current Section 8 tenants are under the max benefit, receiving 82% benefit each pay period. Additionally, these units can be raised to $1800 -$1900 / month at the next cycle, two which are June & July... FANTASTIC opportunity with secure income. Reason for sale is partner is aging out and ready to retire at 88.
Listing description from the May 2022 sale, as reported to CRMLS.