2501 Florida Street
Description
partial renovation including interiors along with recent exterior woodwork, paint and roof. Florida features strong in-place cashflow with
upside as neighboring property (directly adjacent property) has proven market rents. The residents of Florida Street enjoy access to world
class beaches, entertainment venues and easy access to the top employment centers in Southern...Florida Street Townhomes is a 6-unit value-add investment opportunity with projected obtainable rental upside. The property has undergone a
partial renovation including interiors along with recent exterior woodwork, paint and roof. Florida features strong in-place cashflow with
upside as neighboring property (directly adjacent property) has proven market rents. The residents of Florida Street enjoy access to world
class beaches, entertainment venues and easy access to the top employment centers in Southern California. The property is comprised of large (1) one bedroom, one-bath, (1) two-bedroom, two-bath, (3) two-bedroom, two and one half bath townhomes, and (1) three-bedroom, two and one half bath townhome. The units are 1,100 SQFT on average. The property has 11 total garage spaces, ten of which are direct access. Partial interior renovation includes, quartz/granite counters, upgraded cabinets, stainless appliances, dishwashers, tile and vinyl plank flooring, and side by side washer/dryers. Each unit features an enclosed patio or exterior balcony, the three bedroom unit includes both.
- Listed by Peter Hauser • DRE #00856966 • Brokerage DRE #01858487 • NorthMarq Realty Services, Inc • 949-302-1400
Property Details for 2501 Florida Street
Property Details for 2501 Florida Street
| Status | Active |
|---|---|
| MLS # | OC24185301 |
| Days on Market | 103 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1977 |
| County | Orange County |
Building Information for 2501 Florida Street
Property Information for 2501 Florida Street
- Gross Income: $210,816
- Gross Scheduled Income: $210,816
- Net Operating Income: $154,678
- Cap Rate: 4.69
- Operating Expense: $55,314
- Fuel Expense: $1
- Electric Expense: $1
- Insurance Expense: $1
- Professional Management Expense: $1
- Trash Expense: $1
- Water Sewer Expense: $1
- Total Expenses: $55,314
- Tax Tract Number: 9286
- Tax Census Tract: 993.05
- CFD/Mello-Roos Fee: $1,547
- Tax Lot: 8
- Community Features: Biking
- Laundry: Yes
- Laundry Features: Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
- Laundry Equipment Own Lease: Own
- Entry Location: 1st floor
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: Corner Lot
- Number Of Units: 6
- Land Lease: No
- Land Lease Type: Fee
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 11
- Parking: Yes
- Parking Garage: Direct Entrance
- Parking Garage Spaces: 11
- Carport Spaces: 0
- Parking Features: Direct Garage Access
- Builders Tract Name: Yorktowne
- Builders Tract Code: Yorktowne (YORK)
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $1,760
- Unit Type Total Rent: $1,760
- Unit Type Pro Forma: 2425
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,937
- Unit Type Total Rent: $2,937
- Unit Type Pro Forma: 3250
- Unit Type Type: 2
- Unit Type Units Total: 3
- Unit Type Beds Total: 2
- Unit Type Baths Total: 3
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $3,284
- Unit Type Total Rent: $3,284
- Unit Type Pro Forma: 3550
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 3
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 3
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $3,017
- Unit Type Total Rent: $3,017
- Unit Type Pro Forma: 3795
- Unit Type Type: 4
- Rent Controlled: No
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 6
- Number Of Separate Gas Meters: 6
- Number Of Separate Water Meters: 6
Property History for 2501 Florida Street
| Date | Event & Source | Price | Appreciation |
|---|
| 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 2501 Florida Street
Schools near 2501 Florida Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 8 |
Rating | School | Distance |
|---|---|---|
Joseph R. Perry Elementary School PublicK to 5 | ||
Ethel Dwyer Middle School Public6 to 8 | ||
Huntington Beach High School Public9 to 12 | ||
Kinetic Academy CharterK to 8 |
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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Listing Courtesy of NorthMarq Realty Services, Inc, Peter Hauser, DRE #00856966
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.