420 Monterey Street

Orland, CA 95963

$455,000
Price
2
Beds
6
Baths
3,024 Sq. Ft.
$150 / Sq. Ft.
3,024
Sq. Ft.
$150
per Sq. Ft.

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...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.
  1. Listed by Juan Acevedo • DRE #01254482 • Brokerage DRE #01254482 • Thrive Real Estate Company • 530-990-5826

Property Details for 420 Monterey Street

Parking Spaces Total
0
Private Pool
No
Cooling Type
Electric, Wall/Window Unit(s)
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3024
Assessor Parcel Number
040072014000

Location

Listing Courtesy of Thrive Real Estate Company, Juan Acevedo, DRE #01254482
Add your commute
LISTING UPDATED: 05/01/2024 09:37 AM

Property Details for 420 Monterey Street

StatusActive
MLS #SN23147210
Days on Compass269
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1945
CountyGlenn County

Location

Listing Courtesy of Thrive Real Estate Company, Juan Acevedo, DRE #01254482
Add your commute

Building Information for 420 Monterey Street

Building/Complex420 Monterey StFloor-Stories1Residences-Pet Policy-Year Built1945Building Size-

Payment Calculator

$2,589 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,483

Property Taxes

$106

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 420 Monterey Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Telephone
Income / Expense / Tax Details
Income Details
  • Gross Income: $44,040
  • Gross Scheduled Income: $44,040
  • Net Operating Income: $31,540
  • Number Of Rented Garages: 0
Expense Details
  • Operating Expense: $12,500
  • New Taxes Expense: $4,500
  • Gardener Expense: $1,000
  • Electric Expense: $200
  • Insurance Expense: $1,200
  • Professional Management Expense: $0
  • Trash Expense: $1,600
  • Water Sewer Expense: $4,000
  • Total Expenses: $12,500
Tax / Assessment Info
  • Tax Census Tract: 101.01
  • CFD/Mello-Roos Fee: $0
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Rural, Street Lights
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Electric, Wall/Window Unit(s)
Exterior Features
  • Entry Location: street
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Level with Street, Lot 10000-19999 Sqft, Irregular Lot
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $950
  • Unit Type Total Rent: $950
  • Unit Type Pro Forma: 950
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $650
  • Unit Type Total Rent: $650
  • Unit Type Pro Forma: 650
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $550
  • Unit Type Total Rent: $550
  • Unit Type Pro Forma: 550
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $550
  • Unit Type Total Rent: $550
  • Unit Type Pro Forma: 550
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $550
  • Unit Type Total Rent: $550
  • Unit Type Pro Forma: 550
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $550
  • Unit Type Total Rent: $550
  • Unit Type Pro Forma: 550
  • Unit Type Type: 6
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number With Range: 6
  • Number With Refrigerator: 6

Property History for 420 Monterey Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 420 Monterey Street

Taxable ValueLand$36,779Additions$55,178Total$91,957
Tax Record2023$1,266 ($106 / month)
Home Facts
Total Finished SqFt1,276 SqFtAbove Grade Finished SqFt1,276 SqFtStories1Lot Size12,196 SqFtStyleMulti-Family Dwelling (2-4)Year Built1945ZoningR-3CountyGLENNAPN040-072-014-000Fireplace TypeHas Fireplace

Schools near 420 Monterey Street

This home is within Orland Joint Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Mill Street Elementary School
PublicK to 2

Fairview Elementary School
Public3 to 5

Price Intermediate School
Public6 to 8

Orland High 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.

Similar Homes

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420 Monterey Street is a multi-family home for sale in Orland, CA 95963. This property was listed for sale on August 8, 2023 by Thrive Real Estate Company, it's currently listed at $455,000. This listing's school district is Orland Joint Unified School District. Nearby schools include Mill Street Elementary School, Fairview Elementary School and Price Intermediate School. 420 Monterey Street is a 2-bed, 6-bath, 3,024 sqft multi-family home built in 1945.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Thrive Real Estate Company, Juan Acevedo, DRE #01254482

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® 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 San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® 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.