8231 Starr Street, Stanton, CA 90680
- $1,700,000
- Sold Price
- $1,700,000
- List Price
- $1,750,000
- Closing Date
- Jul 12, 2024
- Status
- CLOSED
- MLS#
- OC24110028
- Year Built
- 2023
- Lot Size
- 11,734
- Acres
- 0.27
- Days on Market
- 30
- Property Type
- Multifamily
- Style
- Modern
- Property Sub Type
- Triplex
- Stories
- One Level
- Neighborhood
- , Other
Property Description
Incredibly Rare 3-UNIT investment property nestled in the highly desirable neighborhood of Stanton. 3 Detached Single-Family Homes; 2 of which are fully remodeled in 2023 & 2024, and 1 Brand New ADU built in 2023. Perfect investment opportunity with high rental income; total of $9,580 per month, for investors seeking maximum profit. Unit 1 Fully Remodeled: Completed in May 2024 with permits, modern design elements and loaded with all-new upgrades. 3 beds/2 baths 1100SF, 2-car attached garage and driveway parking. Current Rent: $3,700/month. Unit 2 Brand-New ADU: What sets this property apart is the addition of an ADU completed in November 2023; 3 beds/2 baths 1000 SF, 1-car attached garage and driveway parking. Current Rent: $3,490/month. Unit 3 Fully Remodeled: Completed in November 2023 with permits, modern design elements and loaded with all-new upgrades. 2 bed/1 bath 570SF. Current Rent: $2,390/month. All Units have permits; feature in-unit washer and dryer, A/C, modern cabinets, quartz countertops, high-quality appliances, wood flooring, recessed lighting, and much more upgrades. Total of 2 garages, providing added convenience for residents. All tenants pay for their own utilities; with gas and electricity having individual meters, ensuring hassle-free maintenance and management. Perfect 1031-exchange opportunity, investors, or a homeowners looking for additional rental income.
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Additional Information
- Appliances
- Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood, Water Heater
- Pool Description
- None
- Fireplace Description
- Family Room
- Heat
- Central, Ductless
- Cooling
- Yes
- Cooling Description
- Central Air, Ductless
- View
- Neighborhood
- Roof
- Shingle
- Garage Spaces Total
- 3
- Sewer
- Sewer Assessment(s)
- Water
- Public
- Interior Features
- Quartz Counters, Recessed Lighting, All Bedrooms Down
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $114,960
- Operating Expense
- 25099
Listing courtesy of Listing Agent: Vinh Pham (vinhpham@nrigroup.net) from Listing Office: NRI Group.
Listing sold by James Bobbett from Circa Properties, Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.