CA > Stanton
Stanton, CA 90680,7862 2nd ST
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Stanton, CA 90680,7862 2nd ST
Stanton, CA 90680,7862 2nd ST
Stanton, CA 90680,7862 2nd ST
Stanton, CA 90680,7862 2nd ST
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Yvette Hitchens

Yvette Hitchens

The Hitchens Team @ Pacific Estates

+1(562) 661-5845
$ 3,350,000
Est. payment /mo
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Active

7862 2nd ST Stanton, CA 90680

0.45 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25030242

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1971

Lot Size 0.450 Acres

Property Sub-Type Mixed Use

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

Area 699 - Not Defined

Interior

Interior Features Balcony, Ceiling Fan(s), Quartz Counters

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Vinyl

Fireplace No

Appliance Electric Oven, Electric Range, Electric Water Heater, Disposal, Water Heater

Laundry Common Area

Exterior

Parking Features Assigned, Garage

Garage Spaces 11.0

Garage Description 11.0

Pool None

Community Features Biking, Curbs, Gutter(s), Park, Storm Drain(s), Street Lights, Suburban, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Accessibility Parking

Total Parking Spaces 20

Private Pool No

Building

Lot Description 11-15 Units/Acre, Paved, Sprinklers Timer

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 07923205

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Mark Bridge • Mark Bridge, Broker • Mark.Bridge@matthews.com

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Yvette Hitchens

Broker | License ID: DRE01224192

+1(562) 661-5845

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7862 2nd ST