Skip To Content
    Return to Previous Page

    10605 Lowden Street

    Stanton, CA 90680
    • $2,650,000
    • STATUS: Active Under Contract
    • ON SITE: 12 days
    • ID#: OC21028340
    Under Contract
    UPDATED: 58 min ago
    $2,650,000
    • 0
      BEDS
    • 0.48
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,200
      SQFT
    • $368
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    Highly desire orange county rental market, True Pride of Ownership. Upside rental with rental income is around 20%+ below market. Zero Vacancy in the past 25 years. 4 out of 10 units has been completely remodeled. Units mixed with: 1bed/1bath * 6, 2bed/1bath *2, 3bed/2bath *2 on a large and private lot size of 21,000 sqft, which provide plenty of parking and storage if needed. Offer Memorandum is available up on request.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-26T22:30:45.6. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

    www.steelecanyonrealty.com/homes/114234065
    Print Image

    10605 Lowden Street Stanton, CA 90680

    • Price: $2,650,000
    • Status: Active Under Contract
    • Updated: 58 min ago
    • ID#: OC21028340
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.48
    Acres
    7,200
    SQFT
    $368
    $/SQFT
    1962
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    61 - N of Gar Grv, S Of Ball, E of Knott, W of Dal
    Property Description
    Highly desire orange county rental market, True Pride of Ownership. Upside rental with rental income is around 20%+ below market. Zero Vacancy in the past 25 years. 4 out of 10 units has been completely remodeled. Units mixed with: 1bed/1bath * 6, 2bed/1bath *2, 3bed/2bath *2 on a large and private lot size of 21,000 sqft, which provide plenty of parking and storage if needed. Offer Memorandum is available up on request.
    Exterior Features

    Garage Spaces 0.00 Lot Features Near Public TransitYard Lot Size Source Estimated Lot Size Units Square Feet Parking Features Assigned Parking Total 0.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Appliances DisposalGas RangeGas Water Heater Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area 598 Average1 Bed Area Units Square Feet Average2 Bed Area 696 Average2 Bed Area Units Square Feet Average3 Bed Area 1100 Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring TileVinyl Heating Wall Furnace Heating YN Yes Laundry Features Community Levels Two

    Property Features

    Additional Parcels Description 09731325 Additional Parcels YN Yes Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 3.72 Community Features Street LightsUrban Country Us Current Financing None Electric Expense 220.00 Elevation Units Feet Garage Income 0.00 Garage Rental Rate 0.00 Gardener Expense 1200.00 Gross Income 152460.00 Gross Operating Income 152460.00 Gross Scheduled Income 152460.00 Improvements Amount 120000 Insurance Expense 3746.00 Land Lease YN No Laundry YN Yes Maintenance Expense 7623.00 Maintenance Percent 5.00 Net Operating Income 98698.00 New Construction YN No New Taxes Expense 26733.00 Number Of Separate Electric Meters 10 Number Of Separate Gas Meters 10 Number Of Separate Water Meters 1 Number Of Units Leased 10 Operating Expense 53762.00 Professional Management Expense 7623.00 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other None Tenant Pays ElectricityGas Total Actual Rent 12705.00 Total Expenses 53762.00 Trash Expense 2177.00 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Water Sewer Expense 5559.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Long Nguyen of Advance Estate Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-26T22:30:45.6. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365190699-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365190699-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365190699-1.jpg
    Logo
    Steele Canyon Realty
    5923 Severin Drive
    La Mesa CA, 91942