Stanton, CA 90680,10550 Bell Street
Listed by Danny Owens • Owens Commerical Investments
Bought with Matthew Hoyt • Hoyt Real Estate, Inc.

$1,540,000

$1,625,000

5.2%
Est.Price: ?

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Est. payment /mo

3,938 SqFt


SOLD DATE : 09/08/2022

Key Details

Sold Price $1,540,000

Property Type Single Family Home, Multi-Family

Sub Type OTHER

Listing Status Sold

Purchase Type For Sale

Square Footage 3,938 sqft

Price per Sqft $391

MLS Listing ID CROC22105437

Year Built 1965

Lot Size 0.400 Acres

Property Sub-Type OTHER

Property Description

Great Investment Opportunity to obtain 4 Units, in a phenomenal Stanton location! Subject property located at 10550 Bell Street. This property is surrounded by Immaculately Maintained Newer and Large Condo Complexes. The 4-plex contains three (3) large 2 bedroom and 2 bath units and one (1) large 1 bedroom 1 bath. The location just one block to the City of Cypress, surrounded by Single Family Residences. You do not typically find apartment complexes in a great location such as this. This is a beautiful turnkey property, with great tenants who all pay rent on time! The property produces stable income and 20% upside in current rents. Property shows beautifully and most units have new flooring on the interior. Exterior is immaculate, with new lighting on building, security screen doors on all units, designer paint, beautiful landscaping, resurfaced driveways and parking lot. Convenient design for ingress and egress around property and detached garages in the back of property. Beautiful courtyard for tenants to enjoy. Great situation to obtain 8 units with residential loan, financing each 4-unit complex individually. Property can be sold separately but must close concurrently with 10560 Bell Street. Each 4-plex being offered at $1,699,000 and both properties together being offered at

Location

State CA

County Orange

Interior

Flooring Laminate, Carpet

Laundry Common Area, Community Facility, Laundry Room

Exterior

View Other

Building

Lot Description Other, Front Yard, Landscape Front, Paved, Landscape Misc

Water Public

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