An exceptional opportunity to acquire a well-maintained four-unit multifamily property, ideally located in the vibrant city of Orange. Built in 1965, this income-producing asset features a desirable mix of spacious 2 and 3 bedroom units, each averaging over 1,100 square feet — offering tenants comfortable, home-like living in a highly… Read More sought-after rental market. Perfectly situated near popular retail centers, restaurants, schools, and churches, the property enjoys strong local demand and tenant appeal. Commuters will appreciate the convenient access to the 55, 5, and 91 Freeways, making travel throughout Orange County and beyond a breeze. This is an ideal opportunity for investors seeking steady cash flow, future upside potential, and pride of ownership in a prime location. With a highly motivated seller, this property won't last long — don’t miss your chance to add a solid performer to your portfolio! Read Less
Property listed by Morgan Skenderian, Rick Applebaum [email protected]
Listing Snapshot
Days Online
69
Last Updated
Property Type
Quadruplex
Lot Size
0.21 Acres
Year Built
1973
MLS Number
PW25095818
30 Days Snapshot Of 92865
$1.02M
+14%
(avg) sold price
13
+62%
homes sold
80
+116%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1973, Building area total: 4,231, Levels: Two, 2 stories, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Park, StreetLights, Suburban, Sidewalks
Cooling
WallWindowUnits
Expenses
Gardener expense: $1,800, Insurance expense: $4,231, Maintenance expense: $3,384, New taxes expense: $20,054, Operating expense: $35,855, Trash expense: $2,943, Water sewer expense: $2,943, Other expense: $500
Garage
5 spaces
Income
Gross income: $116,280, Net operating income: $76,937
Laundry
CommonArea
Lot
0.21 acres, 9,148 square feet, Size: 9,148
Parking
4 open parking spaces, 9 totals parking, Garage, OnSite
Pool
None
Property
Zoning: R3
Sewer
PublicSewer
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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