Residential Income

Upon entering the world of real estate investments, the first move is to search for residential income-generating properties that are on sale. Due to Internet availability, this process is now efficient and time-saving. Here are 4 helpful tips that you may find useful while browsing for residential income properties for sale online:

Research Your Location

A real estate investment’s success is largely based on where it is located. Property location happens to be an extremely vital factor when you’re making money in real estate investing. Upon finding a rental property, research its location first. Check whether there’s a high demand for any rental properties in that location. Check whether real estate investments will work well.

Usually, unemployment rates and population growth rates should help you decide whether the rental property’s location is a worthy enough investment. Check for these indicators before you decide to invest in residential income properties for sale.

Utilize Internet-based Property Finders

Finding real estate listing online has simplified the procedure for finding a viable real estate investment property. There are many real estate investor websites, which allow one to find investment properties, which match one’s real estate investment preferences. Filtering your search by important attributes like price range, performance as investment properties and kind of residential income properties for sale is possible when you use top-rated property websites.

Here are some helpful property finders you can utilize for locating a residential income property that’s up for sale:

Mikepatel.com
Trulia.com
Zillow.com
Realtor.com

Understand Real Estate Information & Data

When it’s about finding residential income properties for sale online, you’ll find some recurring metrics related to real estate. It’s vital to know what these metrics mean since these can be vital real estate investment tools for assessing investment property performance.

Cap Rate

This is used for calculating real estate property profitability, which is obtained by dividing NOI with the current MV of any investment property. This cap rate calculation is not dependent on financing methods and is considered as a legitimate and strong indicator of ROI.

Cash Flow

These calculations are made by deduction of operating expenses from rental income. If you’re out to make money in real estate, that means having properties with positive cash flow. Otherwise, you’d merely be breaking even or burning cash. However, it isn’t wrong to invest in a negative cash flow residential income property, since that’s a useful strategy too.

Rate Of Occupancy

Occupancy rates in investment properties are important metrics for any real estate investor, most importantly for people making an investment in a short term rental like Airbnb rentals. Greater the occupancy rates, the lower the risks you have of being stuck with vacant properties. This is pretty much the worst thing that can happen to you as an Airbnb property owner.

We ensure your real estate investments are made accurately by providing you with predictive analytics. Simply select investment properties which match your investment requirements. We’ll provide accurate calculations for these properties.

Use Investment Property Calculators

We utilize and offer the best investment property calculator for today’s market.. Using investment property calculators for discovering residential income properties for sale no doubt is

Neighborhood Analysis

This is what real estate market analysis is based on. We can get you several details about neighborhood data like average occupancy rates from Airbnb, rental income, property price, etc. This enables you to select highly profitable locations only, ensuring high yields from rental properties.

Optimal Strategy For Rentals

Based on factors like location and occupancy rates, rental property calculators can help you find the best rental strategy based on your property features. Deciding whether to go for traditional strategies or for an Airbnb strategy has gotten much easier now.

Available Properties for Sale

We are pleased to offer 909 S. Lemon Street, a beautifully & thoroughly remodeled 7-unit apartment investment located in an “Opportunity Zone”. 909 S. Lemon Street has seen approximately $200,000 infused into renovations and upgrades which are highlighted below. These high-end finishes and quality improvements make this building one of the nicest and most upgraded properties currently available on the market, prime for the investor looking to produce immediate cash flow with minimal efforts. The fresh curb appeal from the new landscaping and its ideal proximity (approximately 1 mile) to Disneyland, Anaheim Convention Center, Downtown Disney as well as Downtown Anaheim, Anaheim Packing District and Anaheim Colony Historic District, makes attracting high-quality tenants at maximum rents a very simple task. This is an excellent investment opportunity to own a beautifully remodeled, single-story apartment complex in one of the strongest rental markets in the county. *5% CAP on Current Rents, *100% Rent Collections Since Start of COVID Pandemic, *Potential Financing Available with 30% Down Payment $1,975,000 Active

909 S Lemon Street Anaheim, California

Beds 0 Baths 4,410 Sq Ft

ZONED COMMERCIAL IT HAS 2 BUILDINGS. 2600 W. ORANGETHORPE AVE. BUILT IN 1957 WITH 2000 SQ FT WITH 4 UNITS ONE BEDROOM ONE BATHROOM EACH. 2604 W. ORANGETHORPE AVE. BUILT IN 1954 WITH 1515 SQ FT. WITH 2 UNITS 2 BEDROOMS AND ONE BATHROOM EACH. EACH UNIT HAS A DETACHED ONE CAR GARAGE. THERE IS A HIGH DEMAND FOR THESE UNITS THEY DO NOT LAST VACANT! ALL UNITS HAVE HOOK UPS FOR WASHER AND DRYER. DRIVE BY ONLY! $1,950,000 Active

2604 Orangethorpe Avenue Fullerton, California

Beds 0 Baths 3,515 Sq Ft

The Casa Paloma Apartments are a pride of ownership property nestled in the city of Anaheim. The subject property is comprised of an attractive unit mix of (4) 1 bedrooms and 1 bath and (3) 2 bedrooms and 1 bath. The building boasts very low owner expenses due to separately metered gas and electric and tenants paying for trash. In addition, approximately $250 per month of extra income flows through the convenient on-site laundry facility. These spacious units have undergone many excellent upgrades and capital improvements inclusive of a new roof (2014) with new turbines and fan ventilators, new rain gutters, some newer windows, newer rolled up garage doors, and more. 4.56 Cap on Actual rents and current management set up, a new investor could achieve a 5 CAP in year one with savvy self-owner management. The Casa Paloma Apartments are ideally located close to many attractions, amenities, and transportation. Located in an excellent rental neighborhood with low vacancy rate, the building sits within a 4-mile radius of Disneyland Parks, Knott's Berry Farm, shopping centers, Angel Stadium, Amtrak, job employment centers, and more. It also provides easy accessibility to Anaheim transportation systems, local schools, and nearby freeways. $1,920,000 Pending

928 S Fann Street Anaheim, California

Beds 0 Baths 4,581 Sq Ft

This is an opportunity to acquire an 8-unit apartment in Garden Grove. It has been very well-maintained by the owner and a pride of ownership for the last 20 years. This opportunity consists of eight one-bedroom one-bathroom units, and boasts updated windows, and updates added in the units kitchen and bathrooms. This property offers 15% rental upside with great asset security for any investor looking to own in the ever-growing market of Garden Grove. The upside can be seen with the incredible marketable location and the property offering any investor a great sum of wealth accumulation through asset appreciation. The property has on-site laundry facilities and includes 11 parking spaces, 8 carports, and 3 open parking spaces for tenants. The building is individually metered for electricity and is in an opportunity zone. $1,900,000 Active

12562 Keel Avenue Garden Grove, California

Beds 0 Baths Sq Ft

The Alliance Avenue Apartments, a 6-unit apartment building located in the city of Tustin, CA. Built in 1965; the property offers a good unit mix consisting of (1) 3 bedroom 2 bathroom unit, (4) 2 bedroom 1 bathroom units and (1) 1 bedroom 1 bath unit. Some amenities include an on-site laundry facility, gated entrance, garage parking and spacious yards/patios. Each unit features tile floors, tile kitchen floors, walk-in closets and dishwashers. The building is individually metered for gas and electricity. The Alliance Avenue Apartments offers an investor the opportunity to purchase an income producing asset with over 30% upside in rents and a 5.3% cap rate on market rents. $1,860,000 Pending

16602 Alliance Ave. Tustin, California

Beds 0 Baths 6,981 Sq Ft

124 West Truslow Avenue is a 5-unit multifamily investment property built in 1992 and located in Fullerton, California. This offering represents a rare opportunity to acquire high quality 1990's construction in a fantastic central Fullerton location. Situated on a 0.20-acre lot, the 3,887 square foot property consists of 1, one-bedroom unit and 4, two-bedroom units, of which two are townhomes. The property offers amenities including garage and open parking, private patios and balconies, and on-site laundry. $1,755,000 Active

124 W Truslow Avenue Fullerton, California

Beds 0 Baths 3,887 Sq Ft

529 Williamson, a 5-unit value-add apartment investment opportunity located in the highly desirable city of Fullerton. Fullerton is a college town, apartment market has been known as a “low inventory” market as there are limited numbers of multifamily offers for sale. The property is located on a quiet residential street. It is a garden style apartment community with a well maintained courtyard and situated on a good sized lot. The building has a good curb-appeal and manicured landscaping. The property has an attractive unit mix with 4 x 2bed/1bath, and 1 x 1bed/1bath. All the units are rented to long-time tenants and offer rental upside potential. Some of the units have recent remodeling, including: newly installed laminate flooring, replaced water heaters, bathtub, ceiling fans, etc. The property is separately metered for electricity and gas, offering secured entrance. Separate on-site coin-operated laundry for additional income. Parking is provided by 5 garage spaces and 2 open spaces in the back. Short Distance to downtown Fullerton, City Hall, Cal State U Fullerton, 57 FWY & 91 FWY, Schools, Shopping, Restaurants & Parks. $1,598,000 Active

529 Williamson Avenue Fullerton, California

Beds 0 Baths 4,680 Sq Ft

Most of the windows are dual-pane glass and some of the interiors have updated kitchens and bathrooms. A key difference this property offers as compared to the neighboring buildings is the additional bathrooms; The (2) Three-Bedroom Units have 2.5 Bathrooms and the (2) Two-Bedroom Units have 2 Bathrooms making this a rare opportunity. The current tenants have been occupying the building for many years making for a steady rental income history and reliable returns. It is an “all electric’ building with individual meters. This property also offers fantastic exposure on Associated Road making advertising easier. The current owner strategically kept the parking as carports instead of garages in order to make sure the tenants do not use the garages for storage (6 Spaces). $1,595,000 Active

2040 Associated Road Fullerton, California

Beds 0 Baths 4,527 Sq Ft

Super sharp Covington style 4-plex apartment building. Excellent neighborhood and premium rental area. Remodeled, new kitchen and bathroom cabinets, granite counter tops, tile and wood floors throughout, red tile roof. Located in the TROY High School area, a few blocks from Cal State University with 33,000 students, and Optometry School. All units have private garages, six car garage total. Unit C has a 2 car attached garage with direct access. The front unit A (HUD Tenant) is 3 br & 2 bath & 2 car garage, one story. Units B & C are town home style with 2 br & 2 bath. Unit D has 2 br & 2 bath above the garages. Each unit has an individual water heater. 100% leased. Unit C has its own washer and dryer hookups. Drive by only, please do not disturb tenants, must see to appreciate. The property is sold AS IS Condition. Quick Escrow is preferred. $1,550,000 Active

2124 ASSOCIATED Road Fullerton, California

Beds 0 Baths 4,284 Sq Ft

Great income Producing Property that is almost always rented with Long-Time Tenants. SINCE COVID 19 - ALL TENANTS HAVE PAID THEIR FULL RENT IN A TIMELY MANNER! Current rents are below market and NEW OWNER HAS ROOM TO EASILY INCREASE RENTS. Property consists of 5 Large 2 Bd / 1 Bth Units approximately 1000 sq. ft. each enabling very less turnover. In addition, property has a large lot with individual garages for each unit, individual water heaters, and individual gas & electric meters for each unit. A new roof has been recently installed and there is an approximate 150 sq. feet of extra storage that can be used as extra income. Owner owned washer and dryer inside laundry room adds more to your income! 2 of the units have a private yard making it more appealing to tenants and 1 of the unit has a large balcony also providing more attraction. Very conveniently located close to most major freeways of the 5, 57 & 91 Freeways. $1,550,000 Active

328 N Bush Street Anaheim, California

Beds 0 Baths 5,103 Sq Ft

Exciting investment opportunity! This modern and fully remodeled triplex will inspire anyone looking for a smart investment in an excellent area. The three units are light-filled and immaculate with on-trend finishes throughout, conveniently located within a short distance many would take advantage of from CalState Fullerton, Fullerton College, and Downtown Fullerton. All of the units have new gas and electrical, metered individually. Unit A sits at the front of the lot and offers two bedrooms, one full bathroom and open-plan living, dining and kitchen area within the 1,227 approx. sq ft. layout. It's also equipped with a one-car garage, a two-car carport, and a driveway with even more parking space. Unit B is set in the middle and offers 800 approx. sq ft, including two bedrooms, one full bathroom, open-plan living, dining and kitchen, plus a two-car garage. Unit C is brand new construction and set at the rear of the lot, elevated above the brand new four-car garage. Two bedrooms, one full bathroom, plus a living room, dining area and kitchen await the new resident of this 873 approx. sq ft, unit. Come see it all before it's gone for good! $1,500,000 Active

229 E Valencia Drive Fullerton, California

Beds 0 Baths 2,900 Sq Ft

Highly desired Porter Avenue Villas, six unit apartment building situated in a strong rental market of Fullerton. Located on a beautiful tree lined cul-de-sac among other well maintained apartment buildings and single family homes. This well maintained property has generated a positive cash flow for present and past owners. Located north of Orangethorp Avenue, east of Euclid Street and west of Hill. Low turnover, minimal maintenance, among a niche pocket of apartment building commonly known as Porter Avenue Villas which rarely cone on the market. Walking distance to a newer shopping strip mall with multiple retail shops including Starbucks. Close proximity to the 91 Freeway and many Southern California's family destinations such as Disneyland, Los Angles Angels' Stadium, Honda Center and Knott's Berry Farm just to mention a few. Please DO NOT DISTURB THE TENANTS. $1,500,000 Active

1100 W Porter Avenue Fullerton, California

Beds 0 Baths 3,934 Sq Ft

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