1404 E Sail Avenue | MLS #IV25022428 | RE/MAX California & Hawaii

Don't miss this opportunity to own the leasing rights thru 2063 on this sizeable single-story triplex with 2,542 square feet of living space. Desirable units that are all occupied. There are two separate units, each with two bedrooms and two bathrooms. Also, a one bedroom one bath unit. All units have a one-car garage with some extra parking spaces. Nice-sized living rooms. Large bedrooms and baths. There is a master bedroom in each two-bedroom unit. The kitchens are nicely sized with dining rooms. There are washer/ dryer hookups inside each unit. Central air/heat. These units have private patios to enjoy. Well-maintained and low-maintenance units. Tenants pay all utilities. Centrally located to freeways, parks, schools, and shopping. Lots of restaurants close by. There are three separate triplexes for sale on the same block.

Source: CRMLS, MLS#: IV25022428

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Property Type

Residential Income
Lot

0.20 acres

General

Association/HOA

Association: No
Common Interest: None

Income/Expenses

Other Expense: 2311.0
Electric Expense: 240.0
Gardener Expense: 3000.0
Gross Scheduled Income: 79740.0
Insurance Expense: 4656.0
Net Operating Income: 51601.0
New Taxes Expense: 12758.0
Operating Expense: 28139.0
Water Sewer Expense: 360.0

Listing Information

Contingency: Subject to approval by the sublessor for buyers Assumption of lease. Subject also to title and NOPA approval by heirs. This triplex is part of a ground lease that ends in 12/11/2063. This sale will be an assumption of the land lease only.

Building Information

New Construction: No
Year Built: 1979

Location/Region

Country: US
County Or Parish: Orange
MLS Area Major: 72 - Orange & Garden Grove, E of Harbor, N of 22 F
Postal City: ORANGE
Subdivision Name: Other

Community/Development

Community Features: Curbs,Suburban,Sidewalks

Rent/Lease Information

Land Lease Amount: 192.58
Land Lease Amount Frequency: Monthly
Land Lease: Yes
Tenant Pays: All Utilities

Tax Information

Tax Annual Amount: 5479.0

General Information

Listing Terms: Cash,Cash to New Loan,Conventional,FHA,Submit,VA Loan
Parcel Number: 37454120
Property Sub Type: Triplex
Property Type: Residential Income
Rent Control: No
Senior Community: No
Special Listing Conditions: Trust

Interior

Parking Information

Garage Spaces: 3.0
Garage: Yes

Building Interior

Building Area Total: 2542.0
Building Area Units: Square Feet

General Information

Accessibility Features: Low Pile Carpet,No Stairs
Appliances: Built-In Range,Dishwasher,Gas Oven,Water Heater
Common Walls: 1 Common Wall
Door Features: Sliding Doors
Electric: Electricity - On Property
Entry Level: 1
Entry Location: 1
Fireplace Features: None
Fireplace: No
Flooring: Carpet,Tile
Interior Features: Ceiling Fan(s),All Bedrooms Down,Main Level Primary
Laundry Features: Inside,Laundry Room
Levels: One
Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
Spa Features: None
Spa: No
Stories: 1
Stories Total: 1
Window Features: Blinds

Exterior

Parking Information

Parking Features: Garage,Unassigned
Parking Total: 3.0

Lot Information

Additional Parcels: No
Lot Dimensions Source: Assessor
Lot Features: Front Yard,Landscaped,Sprinkler System
Lot Size Acres: 0.2
Lot Size Area: 8712.0
Lot Size Source: Assessor
Lot Size Square Feet: 8712.0
Lot Size Units: Square Feet
Number Of Buildings: 1
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Number Of Separate Water Meters: 3
Road Surface Type: Paved
Elevation Units: Feet
Water Source: Public

Waterfront/View

Building Exterior/Construction

Architectural Style: Contemporary
Construction Materials: Stucco
Property Attached: Yes
Roof: Shingle

General Information

Fencing: Average Condition
Number Of Units Leased: 3
Number Of Units Total: 3
Pool Features: None
Pool Private: No
Road Frontage Type: City Street
Sewer: Public Sewer
Utilities: Cable Available,Electricity Available,Natural Gas Available,Sewer Connected

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Inmar Barrera
REALTOR®
RE/MAX EXECUTIVE
Direct 209-253-3292

Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1404 E Sail Avenue

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value	Agent
6/9/2026Source: CRMLS	Price Increase	$1,200,000 14.3%
2/3/2025Source: CRMLS	Added to Database	February 03, 2025

Listing provided courtesy of A TEAM REALTYRUTH SHAN- MLS# IV25022428

Contact Information: [email protected] - 951-492-0741

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