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Sold for $3,225,000 on 05/09/25
  • Listing Provided by: 

    Mark Bridge DRE #01316702 Mark.Bridge@matthews.com,

    Mark Bridge, Broker

    $3,225,000

    7862 2nd St, Stanton, CA 90680

    --beds
    --baths
    8,475sqft
    Mixed Use
    Built in 1971
    -- sqft lot
    $-- Zestimate®
    $381/sqft
    $1,838 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: May 12, 2025 at 11:15am

    Listing Provided by:

    Mark Bridge DRE #01316702 Mark.Bridge@matthews.com,

    Mark Bridge, Broker

    Bought with:

    General NONMEMBER, DRE #02042057

    NONMEMBER MRML

    Source: CRMLS,MLS#: OC25030242MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Electric Oven, Electric Range, Electric Water Heater, Disposal, Water Heater
    • Laundry: Common Area
    Features
    • Balcony, Ceiling Fan(s), Quartz Counters
    • Flooring: Vinyl
    • Windows: Double Pane Windows
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 8,475
    • Total interior livable area: 8,475 sqft

    Property

    Parking
    • Total spaces: 20
    • Parking features: Assigned, Garage
    • Garage spaces: 11
    • Uncovered spaces: 9
    Accessibility
    • Accessibility features: Parking
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.45 Acres
    • Features: 11-15 Units/Acre, Paved, Sprinklers Timer
    Details
    • Parcel number: 07923205
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Biking, Curbs, Gutter(s), Park, Storm Drain(s), Street Lights, Suburban, Sidewalks
    Location
    • Region: Stanton

    HOA & financial

    Other financial information
    • Total actual rent: 22800

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional
    Services availability