5 units at Harbor Apartments on 2 lots is an investors dream as this property provides a positive cash flow property from day one of purchase. With $60,000 in GRI you can sit back and relax as the units have been updated in 2018 including new flooring, water heaters, split system Hvac's , steps and decking etc. With a low carrying cost and no city taxes, this is a good move for the novel investor or the seasoned professional.. Currently rented month to month, but could be rented nightly or weekly to capitalize on the close by Fishing Marina Season because of the great West OC harbor location.
Listing courtesy of Coldwell Banker Realty.