5.81% Current CAP Rate. We are proud to present 7862 2nd St, located in the City of Stanton. Built in 1971, this eleven-unit two-story garden-style walk-up consists of one- and two-bedroom units. The property’s exterior and interiors have been renovated in 2024, leaving an investor a desirable asset with good in place rents. The exterior has new paint, double-pane vinyl windows, clean landscaping, wall air-conditioning, and attractive curb appeal. There are eleven garages and nine surface spots, giving the property twenty total parking for tenants. There is a leased on-site laundry room, and the garage doors are all new. Near the rear of the building there is some seating for tenants, and the upper units have balconies. The building is an electric building, so there is no gas expense. The property is separately metered for electricity, and units have security screen doors. The property is conveniently located off Beach Boulevard and less than 5 miles from Disneyland Resort, Disney California Adventure Park, and less than 3 miles from The Source OC Shopping center, Medieval Times, Knott’s Berry Farm, Ralphs, Target, and Whole Foods Market.
Multi-familyProperty Type
1971Year Built
0.45 acresLot Size
$381Price/Sq.Ft.
11 garage spacesParking
Listed by Mark Bridge•DRE #01316702• Mark Bridge, Broker
Contact: Mark.Bridge@matthews.com
Bought with Jared Feldman•DRE #02042057• NONMEMBER MRML
Available together with or separate from 7855 2nd St (8 Units). Built in 1971, this eleven-unit two-story garden-style walk-up consists of one- and two-bedroom units. The center walkway leads to a courtyard seating area in the rear of the property. The building has a flat roof and is separately metered for electricity. Each unit has wall air-conditioning, small balcony or patio, and a screen door. Tenants have garage and open parking. There is also an on-site laundry room for convenience. The property is conveniently located off Beach Boulevard and less than 5 miles from Disneyland Resort, Disney California Adventure Park, and less than 3 miles from The Source OC Shopping center, Medieval Times, Knott’s Berry Farm, Ralphs, Target, and Whole Foods Market.
Year
Property tax
Land + Additions
Assessment*
2025
$33,565 (+4.9%)
$2,176,637 + $398,863
$2,575,500
2024
$31,999 (+355.3%)
$2,176,637 + $398,863
$2,575,500
2023
$7,028 (+2.2%)
$2,133,957 + $391,043
$2,525,000
2022
$6,880
$51,896 + $242,416
$294,312
2021
$6,882 (+1.4%)
$50,879 + $237,663
$288,542
2020
$6,784 (+1.7%)
$49,882 + $233,003
$282,885
2019
$6,670 (+1.5%)
$49,371 + $230,614
$279,985
2018
$6,575 (+2.6%)
$48,403 + $226,093
$274,496
2017
$6,409 (+0.7%)
$46,524 + $217,314
$263,838
2016
$6,368 (+1.2%)
$46,524 + $217,314
$263,838
2015
$6,292 (+3.2%)
$45,612 + $213,053
$258,665
2014
$6,096 (+1.1%)
$44,047 + $205,743
$249,790
2013
$6,030 (+3.8%)
$44,047 + $205,743
$249,790
2012
$5,811 (+7.9%)
$43,848 + $204,814
$248,662
2011
$5,386 (+5.4%)
$42,988 + $200,799
$243,787
2010
$5,111 (+5.4%)
$42,145 + $196,862
$239,007
2009
$4,850 (+5.9%)
$41,830 + $195,391
$237,221
2008
$4,581
$41,930 + $195,856
$237,786
Tax history for 7862 2nd St
Year
Property tax
Land + Additions
Assessment*
2025
$33,565 (+4.9%)
$2,176,637 + $398,863
$2,575,500
2024
$31,999 (+355.3%)
$2,176,637 + $398,863
$2,575,500
2023
$7,028 (+2.2%)
$2,133,957 + $391,043
$2,525,000
2022
$6,880
$51,896 + $242,416
$294,312
2021
$6,882 (+1.4%)
$50,879 + $237,663
$288,542
2020
$6,784 (+1.7%)
$49,882 + $233,003
$282,885
2019
$6,670 (+1.5%)
$49,371 + $230,614
$279,985
2018
$6,575 (+2.6%)
$48,403 + $226,093
$274,496
2017
$6,409 (+0.7%)
$46,524 + $217,314
$263,838
2016
$6,368 (+1.2%)
$46,524 + $217,314
$263,838
2015
$6,292 (+3.2%)
$45,612 + $213,053
$258,665
2014
$6,096 (+1.1%)
$44,047 + $205,743
$249,790
2013
$6,030 (+3.8%)
$44,047 + $205,743
$249,790
2012
$5,811 (+7.9%)
$43,848 + $204,814
$248,662
2011
$5,386 (+5.4%)
$42,988 + $200,799
$243,787
2010
$5,111 (+5.4%)
$42,145 + $196,862
$239,007
2009
$4,850 (+5.9%)
$41,830 + $195,391
$237,221
2008
$4,581
$41,930 + $195,856
$237,786
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.45 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Orange County
APN
07923205
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 14, 2026.
RH
High Density Residential Zone
The RH zone is applied to areas appropriate for a variety of multi-family attached housing types e.g., apartments, garden-style units, condominiums, townhomes, senior housing, etc., as well as accessory structures and uses, primarily located on larger lots along arterial highways. The RH zone may also allow nonresidential uses that complement and serve the immediate neighborhood, including schools, parks, libraries, and public facilities. Quasi-residential uses e.g., convalescent hospitals, supportive housing, transitional housing, etc. are also allowed. In accordance with the Residential Land Resources Appendix of the General Plan Housing Element and Section 65583.2 of the California Government Code, properties in the RH district may be developed at a net density of 30 dwelling units per acre or greater in order to meet the lower-income growth needs.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Infrastructure
Communications tower
Park & open space
Property details
Parking
Parking / Garage Information
Uncovered Spaces: 9
# of Garage Spaces: 11
Assigned, Garage
Has Parking
# of Parking Spaces: 20
Interior
Laundry Information
Has Laundry
Area
Kitchen Information
Appliances: Electric Oven, Electric Range, Electric Water Heater, Garbage Disposal, Water Heater Unit
Has Appliances
Cooling Information
Wall Window
Has Cooling
Flooring Information
Vinyl
Heating Information
Wall Heater
Has Heating
Interior Features
Entry Level: 1
Entry Location: 1
Balcony, Ceiling Fan, Quartz Counters
Levels: Two
Window Features: Double Pane Windows
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 11-15 Units/Acre, Paved, Sprinklers Timer
Property Information
Total # of Units: 11
Accessibility Features: Parking
Common Walls: 1 common wall
Parcel Number: 07923205
Attached Property
Property Condition: Updated/Remodeled
Total # of Stories: 2
Year Built Source: Assessor
Property ADU: No
Financial
Lease / Rental Details
Operating Expense: $72,106
Other Expense: $6,681
Other Expense Description: Reserves
Tenant Pays: Electricity
Total Actual Rent: $22,800
Utilities
Utilities Information
Sewer: Public Sewer
Cable Connected, Electricity Connected, Natural Gas Connected, Telephone - On Property, Sewer Connected, Water Connected
Water Source: District/Public
Location
Unit Type 1 Information
Unit Key Numeric: 11791341
Listing Key Numeric: 374116976
Actual Rent: $1,983
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $17,850
Total # of Units: 9
Unit Type 2 Information
Unit Key Numeric: 11791342
Listing Key Numeric: 374116976
Actual Rent: $2,475
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 2
# of Garage Spaces: 1
Total Rent: $4,950
Total # of Units: 2
Expenses
Trash: $2,500
Total: $72,106
Pest Control: $1,200
Maintenance: $5,500
Insurance: $5,500
Water Sewer: $2,890
Electric: $1,650
New Taxes: $37,185
Gardener: $3,000
Multi-Unit Information
# of Units With Range: 11
# of Units With Disposal: 11
Net Operating Income: $194,486
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 2 Bed Area: 975
Average 1 Bed Area Units: Sq. Ft.
Average 1 Bed Area: 725
Sq. Ft.
Total Building Area: 8,475
Gross Spendable Income: $194,486
Gross Scheduled Income: $273,600
Gross Operating Income: $266,592
Gross Multiplier: 12.24
Gross Income: $266,592
Laundry Equipment Own or Lease: Lease
Laundry Income: $1,200
# Of Leased Units: 11
# Of Separate Water Meters: 1
# Of Separate Electric Meters: 12
# Of Buildings: 1
Vacancy Allowance Rate: 3
# of Wall AC: 11
Vacancy Allowance: 8208
Neighborhood Information
Community Features: Biking, Curbs, Gutters, Park, Sidewalks, Storm Drains, Street Lighting, Suburban
Location Information
Latitude: 33.81271600
Longitude: -117.99518100
Directions: North on Beach Blvd, West on 2nd St
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.45 acres
Style: Other
Year Built: —
Year Renovated: —
County: Orange County
APN: 07923205
Home facts updated by county records on Oct 14, 2026
Other
Listing Information
IDX Contact Info: Mark.Bridge@matthews.com
Days Active in MLS: 32
Continuous Days Active in MLS: 32
Listing Agent Information
List Agent First Name: Mark
List Agent Last Name: Bridge
Listing Office Information
List Office Name: Mark Bridge, Broker
Selling Agent Information
Buyer Agent First Name: Jared
Buyer Agent Last Name: Feldman
Selling Office Information
Buyer Office Name: NONMEMBER MRML
Around this home
Schools
Hansen Elementary School
Public K-6 • Assigned • 0.9mi
9/10
Orangeview Junior High School
Public 7-8 • Assigned • 1.4mi
3/10
Western High School
Public 9-12 • Assigned • 1.1mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 89° expected this year, 23 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
7 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Stanton, CA • 90680
Average low and high temperatures (°F)
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71
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68
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Sun exposure
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