A total of 37 units plus 1 vacant non-permitted one-bedroom unit, this investment represents an opportunity for a seasoned investor to obtain an all two & three bedroom unit property. The three bedroom units are non-conforming conversions from two bedroom units and can be easily reverted back to conforming units by taking down the additional wall. There are a total of eight contiguous parcels that are currently operated as one large complex. This property features pitched, Spanish-style roofs and most units include assigned garages; all others have carports with their own secured storage area. This investment represents a true value added opportunity with substantial upside in rents and aggressive management. An investor will be able to take advantage of long term fixed residential financing with a high loan to value.

• Interior Features

• Accessibility Features: Disability Access: None
• Sqft Source: Square Foot Source: Assessor
• Electric: Electric Meter: 38

• Exterior Features

• Construction: Construction Description: Frame & Stucco, Exterior Construction: Stucco/Wood
• Garage/Parking: Number of Garages: 25, Number of Parking Spaces: 44, Number of Spaces: 7, Carport Cap: 12
• Lot: Lot: 37, Fee for Land Lease
• Style: Style: Traditional
• Building: Buildings: 8
• Entry: Entry Locaton: Ground Level - no steps
• Location: Cross Street: E. Edinger Avenue
• Exterior Feature: Roof Description: Spanish Clay Tile

• Community Features

• Utilities: Water Meters: 1, Gas Meter: 38
• Community Details: Builder Tract Name: Custom
• Financial: Other Expenses: 17302, Water & Sewer Expense: 16016, Electric Exense: 1690, Other Expenses: Rsrv&SpcAs, Annual Vacancy Expense: 2, Insurance Expense: 14800, Tenant Pays Cable, Gross Monthly Income: 444060, Operating Expenses: 171901, Maintenance Expense: 18200, Tenant Pays Gas, Annual Gross Rent: 439260, Price Per Sqft: 70.24, Supplies Expense: 3500, Tenant Pays Electric, Trash Expense: 19526, Manager Expense: 31200, Other Income: 4800, Tax Expense: 48182, Gas Expense: 3746, Gardener Expense: 4600, Annual Gross Income: 435179, Operating Income: 258838, Assessment: Santa Ana Sout, Other Income: Laundry, Gross Scheduled Income: 444060, Income Gross Multiplier: 10.25

• School Information