$1,750,000
$1,950,000
10.3%For more information regarding the value of a property, please contact us for a free consultation.
0.3 Acres Lot
SOLD DATE : 11/01/2024
Key Details
Sold Price $1,750,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24209364
Sold Date 11/01/24
HOA Y/N No
Year Built 1968
Lot Size 0.300 Acres
Property Description
Attention Investors! Incredible opportunity to own a 4-unit apartment building in the heart of Orange, perfect for building generational wealth or for a savvy investor seeking steady income with long-term tenants. This property features a rare unit mix, including two 3-bedroom, 2-bath units, one 2-bedroom, 2-bath unit, and one 1-bedroom, 1-bath unit with a private balcony. The building offers 4,273 square feet of living space on a spacious 12,933 square foot lot. Each unit is individually metered for gas and electricity to help manage expenses. Common laundry and garage spaces are also available.
Conveniently located just off Chapman Avenue and the 55 Freeway, the property provides easy access to shopping, dining, excellent schools, Downtown Orange, 22/91/5 freeways, and nearby hiking trails. This is a rare investment opportunity in a desirable area with great potential—don't miss out!
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplaces Type Living Room
Fireplace Yes
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Fence Average Condition, Block, Wood
Pool None
Community Features Street Lights, Sidewalks, Urban
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
View Y/N No
View None
Roof Type Tile
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre, Front Yard, Landscaped, Sprinkler System
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 09405210
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Dale Cheema • Keller Williams Irvine
Real Estate Consultant | License ID: 01971542
+1(562) 595-3264 | karen@iwakoshirealtor.com