BROWNWOOD ANAHEIM, CA 92801

Features

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Facts

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Sale Type

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

Description

Solid investor opportunity on this 4-plex in thriving Anaheim. 2 x 2 bed/2 bath units, 2 x 2 bed/1bath units + 5 single-car garages and additional off street parking. Units have updated kitchens, baths, flooring & paint (not original). Laundry room on site. Low vacancy and low turnover area with proximity to major employment centers and excellent access to I-5, 22, 55, 57, and 91 Freeways. Nearby large box and convenient retail options like Anaheim Plaza. Close to major theme parks such as Disneyland and Knott's Berry Farm, Anaheim Convention Center, and excellent medical centers like UCI and CHOC. Upside in rents. Seller motivated--submit all offers. Priced in line or just below recent comps and CAP rates. GSI = $84,900 (approx.). This property is a stable performer for any real estate portfolio.