Distressed 4 Plex deal available in Orange County, California!

[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