420 Monterey Street Orland, CA 95963

$509,000 Active

About the Property

Attention All Investors - Whether you are looking for your next savvy investment. Or simply, to take advantage of an opportunity, to acquire multiple units, where the Seller is willing to finance. Do not pass up this incredible chance, to invest in your family's future. Composed of two separate structures, one is a standalone 1 bed/1 bath unit. While the second structure, houses the remaining 5 units. There are four, 1 bed/1 bath units and one studio unit. Each unit has its own utility meter. All units are tenant occupied, with long term tenancies. Seller pays for garbage, water/sewer and landscaping. Seller financing will be based on approved credit and amount of the down payment. Being sold "As Is." Buyer to verify all permits, building statistics, and current county/city requirements and restrictions.

Property Information

Size 3,024 SqFt
Price/SqFt $168
Lot Size 0.279 Acres
Year Built 1945
Property Type Residential Income
Listing Number SN22134871
Listed 6/23/2022
Modified 6/23/2022
Listing Agent Juan Acevedo
Listing Office Accessible Real Estate Group
Total Building 2
Total Units 6

Property Features

# Electric Meters
  • 6
# Gas Meters
  • 6
# Units Leased
  • 6
# Water Meters
  • 1
Cooling
  • Wall/Window Unit(s)
Electric
  • Standard
Fireplace
  • None
Flooring
  • Vinyl
Garage Spaces
  • 0.00
Gross Income
  • 41100.00
Gross Scheduled Income
  • 41100.00
Levels
  • One
Net Operating Income
  • 31900.00
Operating Expense
  • 9200.00
Pool
  • None
Price Pe rUnit
  • 84833
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 1
Total Actual Rent
  • 41100.00
Total Expenses
  • 9200.00
Utilities
  • Electricity Connected
Views
  • City Lights
Water Source
  • Public
Appliances
  • Electric Range
  • Water Heater
Community Features
  • Rural
  • Street Lights
Heating
  • Electric
  • Wall Furnace
Tenant Pays
  • Electricity
  • Telephone
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