About 612 Paula Drive
Seller Financing/Rent to Own – Tri-plex
You have to see this Three-bedroom, one bath house with two additional rental units on lot. After renting for three years (probationary period) at $3,500 (first year) a month the landlord will carry a 30 year First (prime rate plus four percent) or a 5 year second mortgage. Once you own the property you will receive the income from two additional (2-bedroom, one bath) units which will pay most of your mortgage.
Both houses have New Roofs AND new Over-sized electric solar units. New hot water heaters. New central air-conditioning units in the two real apartments.
The main house was built in 1952, but has since been upgraded with a new bath room, all new doubled paned windows (with gas between the panes to keep the cold and heat out), new flooring, new façade, roof, laundry, etc. There is a whole house wall air-conditioning unit. New central heating system, expandable to include air. Whole house water softener system. The living room comes a romantic electric fireplace (you can use it for heat or for adoring looks, it also has a new 65 inch flat television. The kitchen comes with a refrigerator, gas stove, microwave, toaster oven, coffee pot, air-fryer, pressure cooker, garbage disposal, even a new garbage can.
There are two laundries on the property. The machines are no coin operated, the washers and dryers are both free to use. There are four storage rooms in a separate building. One for each tenant and one for the landlord. There is a dining area complete with table, chairs, benches and free Bar-B-Que. A driveway for the main house, and parking area’s for the rear two apartments.
The property has lots of lighting AND security camera’s for protection.
Very close to shopping, restaurants, public transportation, cal. State Fullerton, Disneyland, Knots-Berry Farm, 91, 5 & 57 freeways.
