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.
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.