981 Flamingo Way

    La Habra, CA 90631
    • $740,000
    • STATUS: Active
    • ON SITE: 110 days
    • ID#: PW18048107
    UPDATED: 56 min ago
    $740,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,245
      SQFT
    • $330
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    This is a great property for sale located in Sierra Vista Neighborhood of La Habra just South of the North Hills area. Property is currently being operated as a residential care facility for the elderly and currently has a gross income of $16,700 monthly with 6 residents. This 6-bed facility has been operating for over 10 years and has a long history of being a residential care facility (since the 80+GGs). Property consists of 5 bedrooms and 2 bathrooms with a large sun room, with a nice backyard. This is a great Investment and almost a recession proof business.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-20T00:29:45.943. 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.
    www.playavistaliving.com/homes/81197098

    981 Flamingo Way La Habra, CA 90631

    • Price: $740,000
    • Status: Active
    • Updated: 56 min ago
    • ID#: PW18048107
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    2,245
    SQFT
    $330
    $/SQFT
    1958
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    87 - La Habra
    Property Description
    This is a great property for sale located in Sierra Vista Neighborhood of La Habra just South of the North Hills area. Property is currently being operated as a residential care facility for the elderly and currently has a gross income of $16,700 monthly with 6 residents. This 6-bed facility has been operating for over 10 years and has a long history of being a residential care facility (since the 80+GGs). Property consists of 5 bedrooms and 2 bathrooms with a large sun room, with a nice backyard. This is a great Investment and almost a recession proof business.
    Exterior Features

    Garage Spaces 2.00 Lot Features Back YardPavedWalkstreet Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Heating Central Furnace Heating YN Yes Laundry Features Area Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cable Tv Expense 960.00 Community Features CurbsSidewalksStreet LightingUrban Country Us Electric Expense 2880.00 Elevation Units Feet Fuel Expense 660.00 Gardener Expense 780.00 Gross Income 168000.00 Gross Scheduled Income 168000.00 Insurance Expense 4320.00 Land Lease YN No Laundry YN Yes Maintenance Expense 600.00 Net Operating Income 88980.00 New Taxes Expense 9250.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 79020.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Other Total Expenses 88980.00 Trash Expense 450.00 Water Sewer Expense 450.00 Water Source Public Workmans Compensation Expense 0.00 Year Built Source Assessor

    Listing provided courtesy of Amed Franco of A-Med Realty Group.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-20T00:29:45.943. 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.
     
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