Distressed 4 Plex deal available in Orange County, California!

Distressed 4 Plex deal available in Orange County, California!

Specialist · Newport Beach, CA · Member since 2022 · 108 posts · 18 votes

Hello BP investors!

I have a distressed 4 plex available in Fullerton, California! 2 out of the 4 units are being occupied, the remaining two tenants are being cooperative. Each unit is a 2 bedroom / 2 bath. Rents in the area are going for $2,100 - $2,500 per unit. The tenants were paying for gas and electricity. More details on the property below, great buy and hold opportunity! If you have any question, please let me know. Thank you!!

*Cash or hard money offers only!

Address: Pearl Dr, Fullerton, CA 92831

bed/bath: 8 bd/ 8 ba
Living: sqft: 3,820
Lot: .2 acres
Year Built: 1964

Price: $1,365,000


Photos:

Pearl Drive Fullerton, CA 92831

Est. Rehab: $80k-$100k (+/-) costs will vary based on scope of work

ARV: ~ $1.6m-$1.7m

Proforma rents: $10k/mo long term ($2,500/unit)

Short-term/Airbnb: $15,000/mo

Occupancy: Units 1 & 3 occupied

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  • Flipper/Rehabber · Fullerton, CA · Member since 2020 · 1 post · 0 votes
    3y
    Quote from @Jesus Morales:

    Hello BP investors!

    I have a distressed 4 plex available in Fullerton, California! 2 out of the 4 units are being occupied, the remaining two tenants are being cooperative. Each unit is a 2 bedroom / 2 bath. Rents in the area are going for $2,100 - $2,500 per unit. The tenants were paying for gas and electricity. More details on the property below, great buy and hold opportunity! If you have any question, please let me know. Thank you!!

    *Cash or hard money offers only!

    Address: Pearl Dr, Fullerton, CA 92831

    bed/bath: 8 bd/ 8 ba
    Living: sqft: 3,820
    Lot: .2 acres
    Year Built: 1964

    Price: $1,365,000


    Photos:

    Pearl Drive Fullerton, CA 92831

    Est. Rehab: $80k-$100k (+/-) costs will vary based on scope of work

    ARV: ~ $1.6m-$1.7m

    Proforma rents: $10k/mo long term ($2,500/unit)

    Short-term/Airbnb: $15,000/mo

    Occupancy: Units 1 & 3 occupied


     Hello Jesus,

      I have an interested cash buyer in the area.  Can you DM the details, please?

  • Specialist · Newport Beach, CA · Member since 2022 · 108 posts · 18 votes
    3y
    Quote from @Hugo Prera:
    Quote from @Jesus Morales:

    Hello BP investors!

    I have a distressed 4 plex available in Fullerton, California! 2 out of the 4 units are being occupied, the remaining two tenants are being cooperative. Each unit is a 2 bedroom / 2 bath. Rents in the area are going for $2,100 - $2,500 per unit. The tenants were paying for gas and electricity. More details on the property below, great buy and hold opportunity! If you have any question, please let me know. Thank you!!

    *Cash or hard money offers only!

    Address: Pearl Dr, Fullerton, CA 92831

    bed/bath: 8 bd/ 8 ba
    Living: sqft: 3,820
    Lot: .2 acres
    Year Built: 1964

    Price: $1,365,000


    Photos:

    Pearl Drive Fullerton, CA 92831

    Est. Rehab: $80k-$100k (+/-) costs will vary based on scope of work

    ARV: ~ $1.6m-$1.7m

    Proforma rents: $10k/mo long term ($2,500/unit)

    Short-term/Airbnb: $15,000/mo

    Occupancy: Units 1 & 3 occupied


     Hello Jesus,

      I have an interested cash buyer in the area.  Can you DM the details, please?


     Just messaged you!

  • Member since 2020 · 13 posts · 7 votes
    3y

    Hey Jesus,

    Mind DMing me as well, if its still available we are cash buyers and flippers.

    Thanks

  • Wholesaler · Online · Member since 2023 · 14 posts · 2 votes
    3y
    Quote from @Jimmy Cooper:

    Hey Jesus,

    Mind DMing me as well, if its still available we are cash buyers and flippers.

    Thanks

    Contact me please at 615-682-9919 and send me the details at [email protected], thanks!
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