14
See all 14 photos
$3,350,000
Est. payment /mo
New
7862 2nd ST Stanton, CA 90680
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25030242
Originating Board California Regional MLS
Year Built 1971
Lot Size 0.450 Acres
Property Description
5.81% Current CAP Rate. We are proud to present 7862 2nd St, located in the City of Stanton. Built in 1971, this eleven-unit two-story garden-style walk-up consists of one- and two-bedroom units. The property's exterior and interiors have been renovated in 2024, leaving an investor a desirable asset with good in place rents. The exterior has new paint, double-pane vinyl windows, clean landscaping, wall air-conditioning, and attractive curb appeal. There are eleven garages and nine surface spots, giving the property twenty total parking for tenants. There is a leased on-site laundry room, and the garage doors are all new. Near the rear of the building there is some seating for tenants, and the upper units have balconies. The building is an electric building, so there is no gas expense. The property is separately metered for electricity, and units have security screen doors. The property is conveniently located off Beach Boulevard and less than 5 miles from Disneyland Resort, Disney California Adventure Park, and less than 3 miles from The Source OC Shopping center, Medieval Times, Knott's Berry Farm, Ralphs, Target, and Whole Foods Market.
Location
State CA
County Orange
Area 699 - Not Defined
Rooms
Kitchen Garbage Disposal, Oven Range - Electric, Oven - Electric
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry Laundry Area, Washer/Dryer - Leased
Exterior
Parking Features Assigned Spaces, Garage
Garage Spaces 20.0
Pool None
Building
Lot Description Paved
Water Hot Water, District - Public
Others
Tax ID 07923205
Special Listing Condition Not Applicable
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Listed by Mark Bridge • Mark Bridge, Broker