Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

1

Building size

2,357 sqft

Lot size

6,060 sqft

Year built

1977

Stories

2

Garage spaces

2

Style

Traditional

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

9

MLS #

245231484

About this property

Rare opportunity to acquire one of four tenant-occupied investment properties available individually or as part of a premier Orange County residential income portfolio. This property is currently leased at $8,000 per month under a 5-year lease with a 5-year extension option and 3% annual rent increases, providing immediate income and long-term stability for investors.This spacious two-story home offers approximately 2,357 square feet with 5 bedrooms, 3 bathrooms, and an attached two-car garage. The partially upgraded interior features quartz countertops, recessed lighting, spacious living and dining areas, and a flexible floor plan designed for comfortable living.Situated on a quiet cul-de-sac in a desirable Westminster neighborhood, the property is conveniently located near shopping, restaurants, parks, schools, and major freeway access. Tenants currently pay all utilities and day-to-day operating expenses, while the owner is responsible for property taxes, insurance, and repairs.

Location

16092 Feltham

Westminster, Orange, CA, 92683