123 South Lincoln Avenue
$4,900,000
2
12
9,873
9,873
$496
Description
Turnkey cash-flowing apartments in a good location such as this are hard to find! All units have been recently renovated and rented at close to market rents, provided a stabilized product and enabling a new owner to enjoy the income with minimal maintenance. The Lincoln Apartments are located on a large piece of land, with ample parking and garages that could be converted to ADU's. This is a great property to own and enjoy increasing cash flow over time!Turnkey cash-flowing apartments in a good location such as this are hard to find! All units have been recently renovated and rented at close to market rents, provided a stabilized product and enabling a new owner to enjoy the income with minimal maintenance. The Lincoln Apartments are located on a large piece of land, with ample parking and garages that could be converted to ADU's. This is a great property to own and enjoy increasing cash flow over time!
- Listed by Christopher Pettit • DRE #01983950 • Brokerage DRE #02014153 • Skyline Commercial Real Estate • 626-664-9863
Property Details for 123 South Lincoln Avenue
Parking Spaces Total
26
Private PoolNo
Cooling TypeN/K
Total Units12.0
Building TypeAttached
Lot Size SourceAssessor
Living Area9873
Assessor Parcel Number033-183-29
LISTING UPDATED: 09/26/2024 04:37 AM
Property Details for 123 South Lincoln Avenue
Status | Active |
---|---|
MLS # | OC24200228 |
Days on Market | 50 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1955 |
County | Orange County |
Building Information for 123 South Lincoln Avenue
Building/Complex123 S Lincoln AveFloor-Stories2Residences-Pet Policy-Year Built1955Building Size-
Property Information for 123 South Lincoln Avenue
Property History for 123 South Lincoln Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 123 South Lincoln Avenue
Taxable ValueLand$1,810,500Additions$204,000Total$2,014,500
Tax Record2024$23,089 ($1,924 / month)
Home Facts
Total Finished SqFt5,386 SqFtAbove Grade Finished SqFt5,386 SqFtStories2Lot Size9,219 SqFtStyleMulti-Family Res (5+ Units)Year Built1955CountyORANGEAPN033-183-29
Schools near 123 South Lincoln Avenue
This home is within Fullerton Joint Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Raymond Elementary School PublicK to 6 | ||
Ladera Vista Junior High School Public7 to 8 | ||
Fullerton Union High School Public9 to 12 | ||
La Vista High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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