Stanton, CA 90680,7862 2nd Street
Listed by Mark Bridge • Mark Bridge, Broker
Bought with General NONMEMBER • NONMEMBER MRML

$3,225,000

$3,350,000

3.7%
Est.Price: ?

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Est. payment /mo

8,475 SqFt


SOLD DATE : 05/09/2025

Key Details

Sold Price $3,225,000

Property Type Commercial Sale

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 8,475 sqft

Price per Sqft $380

MLS Listing ID CROC25030242

Year Built 1971

Lot Size 0.450 Acres

Property Sub-Type Other

Property Description

5.81% Current CAP Rate. We are proud to present 7862 2nd St, located in the City of Stanton. Built in 1971, this eleven-unit two-story garden-style walk-up consists of one- and two-bedroom units. The property’s exterior and interiors have been renovated in 2024, leaving an investor a desirable asset with good in place rents. The exterior has new paint, double-pane vinyl windows, clean landscaping, wall air-conditioning, and attractive curb appeal. There are eleven garages and nine surface spots, giving the property twenty total parking for tenants. There is a leased on-site laundry room, and the garage doors are all new. Near the rear of the building there is some seating for tenants, and the upper units have balconies. The building is an electric building, so there is no gas expense. The property is separately metered for electricity, and units have security screen doors. The property is conveniently located off Beach Boulevard and less than 5 miles from Disneyland Resort, Disney California Adventure Park, and less than 3 miles from The Source OC Shopping center, Medieval Times, Knott’s Berry Farm, Ralphs, Target, and Whole Foods Market.

Location

State CA

County Orange

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Vinyl

Laundry Other

Building

Lot Description Other, Paved

Water Public

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