8236 Canterbury Way, Buena Park, CA 90620

$2,366,000
1,207
SqFt
List Price
$2,366,000
Status
ACTIVE
MLS#
PW20188566
Year Built
1955
Living Sq. Ft
1,207
Lot Size
6,087
Acres
0.1397
Lot Location
Front Yard, Lawn, Level with Street, Level, Yard
Days on Market
12
Property Type
Single Family Residential
Style
Traditional
Property Sub Type
Single Family Residence
Stories
One Level
Builders Tract Code
Flower Tract
Neighborhood
Other (Othr)

Property Description

This listing is one of 4 rental houses being offered for sale at $515K. Exchange your interest out of one property into these FOUR Single Family Rental 3-4 bedroom single story HOUSES, in four different cities. All rented with stable long-term tenants and all paying their rent. Extremely high demand for rental houses and easy to manage. Rarely a vacancy and rented almost immediately. Pull your exchange cash back out with a new delayed financing for each house (75% LTV) with a conforming Fannie/Freddie 30 year fixed low interest loans. Use this cash to buy even more properties. Seller may assist with financing. THE LIST PRICE COVERS ALL FOUR HOUSES. The individual houses can be found under the following MLS numbers with asking price and monthly rent and number of years tenant has rented the house listed as follows: PW20188924,PW20188784,PW20188566,PW20188339,Tustin ($772K $2800 mo, 9 yrs), Anaheim ($546K $2800 mo, 8 yrs), Buena Park ($515K $2,250 mo, 8 yrs), Bellflower ($533K $2,400 mo, 10+ yrs) respectively. List price $2,366,000 for the 4 houses ($590K average) with $123,000 annual income (19X gross). NO HOA’s. Tenants pay all utilities and gardener. Seller will manage the properties for 3 months for free. Will consider continued management.

Additional Information

Tract Number
2236
Lot Description
Carbon Monoxide Detector(s), Smoke Detector(s), Curbs, Sidewalks, Street Lights
Appliances
Disposal, Gas Oven, Gas Range, Gas Water Heater, Range Hood
Pool Description
None
Fireplace Description
None
Heat
Forced Air, Natural Gas
Cooling
Yes
Cooling Description
Central Air
View
None
Exterior Construction
Stucco
Patio
Yes
Roof
Composition
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
1
Gross Scheduled Income
$27,000

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of Barbara Kelly from Kelly Associates

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.