Seller Financing
Listed By:
Juan Acevedo with Thrive Real Estate Company; 530-990-5826
Address
420 Monterey Street, Orland, CA
Price
$ 455,000
Property Attributes
  • MLS#SN23147210
  • TypeMulti-Family
  • CountyGLENN
  • CityOrland
  • Zip95963
  • StyleApartment
  • Price$ 455,000
  • Bedrooms2
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage3024
  • Lot Size12,166 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

Attention All Investors - Whether you are looking for your next savvy investment. Or simply, to take advantage of an opportunity, to acquire multiple units, where the Seller is willing to finance. Do not pass up this incredible chance, to invest in your family's future. Composed of two separate structures, one is a standalone 1 bed/1 bath unit. While the second structure, houses the remaining 5 units. Each unit has its own utility meter. All units are tenant occupied, with long term tenancies. Seller pays for garbage, water/sewer and landscaping. Seller financing will be based on approved credit and amount of the down payment. Being sold "As Is." Buyer to verify all information herein.

Price History
8/9/2023 Listed $475,000
1/4/2024 5% - $455,000

General Features

Sewer PublicSewer
Cooling Electric,WallWindowUnits
HOA 0.0
Garage Spaces 0.0
Pool Features None
Year Built 1945
Tenant Pays Electricity,Telephone
Stories 1
Levels One
Property SubType Apartment
Gross Income 44040.0
Community Features Rural,StreetLights
County Glenn
Net Operating Income 31540.0
Operating Expense 12500.0
Insurance Expense 1200.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Special Listing Conditions Standard,Trust
Status Active
Directions From Walker St,turn north on 5th St,units are located on the corner of 5th and Monterey Streets.
City Orland
Entry Location street
View Y/N No
Senior Community Y/N No
Total Units 6
Lot Size Square Feet 12167.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Number of Units Leased 6
Street Name Monterey
Listing Terms OwnerWillCarry,PrivateFinancingAvailable
Property Attached Y/N Yes
Land Lease Y/N No
Electric Expense 200.0
Home Warranty Y/N No
Trash Expense 1600.0
Water Sewer Expense 4000.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 203
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Total Actual Rent 3670.0
Property Sub Type Additional Apartment
Taxes 4500.0
MobileHomeRemainsYN No

Interior Features

Fireplace Features None
Total Stories 1
Common Walls Item2CommonWalls
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N No
Fireplace Y/N No
Street Suffix Street
Laundry Features None
Electric On Property Y/N No

Exterior Features

Fencing AverageCondition
Lot Features Item01UnitAcre,IrregularLot,StreetLevel
Water Source Public
Total Parking 0.0
Lot Size Area 12167.0
Number of Buildings 2
Spa No
Building Area Total 3024.0
Lot Size Acres 0.2793
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 95963

Price
AVG $460K
$460K
Visits
AVG 164
164
Data Provided by Inside Real Estate®
Year Built
AVG 1945
1945