$2,600,000
$2,935,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
0.33 Acres Lot
SOLD DATE : 03/11/2020
Key Details
Sold Price $2,600,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC20014380
Sold Date 03/11/20
HOA Y/N No
Year Built 1987
Lot Size 0.330 Acres
Property Description
7 on Avocado features an excellent unit mix of (3) two-bedroom, 2.5-bathroom townhouses (one unit is completely detached), (3) two-bedroom, two-bathroom units, and (1) very large, one-bedroom, two-bath flat. All of the units feature very spacious floorplans with balconies. The townhouse units are privately situated at the rear of the deep lot. One of these units is completely detached with no common walls. The townhouse units have two balconies and enclosed private yards. All other units also feature one balcony each. Overall, the property is in clean condition with various stages of interior upgrades. Recent extensive wood replacement has been completed and interiors have also been upgraded including wide plank-style flooring, new appliances, and plumbing fixtures. There are also very large walk-in closets in the master suites. Each bedroom has direct access to the large balcony area. In this building, there are three very large two-bedroom, two-bathroom units, and one large one-bedroom, two-bath unit. All units feature massive vaulted ceilings of approximately 18 feet in the living rooms and bedrooms and are very light and bright. Long-term tenancy of up to 31 years underscores the desirability of the location and surrounding area. There are three large townhouse units at the rear of the property each of which has two balconies and large yards. One of these townhouses is a completely detached structure with no common walls. Average rent on these three units is $1,700/month.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Heating Central
Cooling None
Flooring Carpet, Laminate, Vinyl
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned
Garage Spaces 13.0
Garage Description 13.0
Pool None
Community Features Suburban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Total Parking Spaces 13
Private Pool No
Building
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 41901213
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Trust
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Bought with Steven Brombal • Kidder Mathews of California
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