Excellent investment opportunity in the highly desirable City of Orange. This well-maintained fourplex offers an attractive unit mix of one spacious 3-bedroom, 2-bath unit and three 2-bedroom, 2-bath units, providing strong tenant appeal and excellent rental stability.
Current gross monthly income is approximately $10,055, plus additional income from the onsite community… Read More coin laundry. All tenants are current on rent, and the property features long-term month-to-month tenants with a strong payment history.
Each unit is separately metered for gas and electricity, helping keep owner expenses low. Excellent parking with five garage spaces and additional onsite parking.
Recent improvements include replacement of furnaces in Units A and B, a commercial-sized water heater, and a timer for the common area electrical system.
Ideally located near The Village at Orange, shopping, dining, schools, and major employment centers, with convenient access to the 55, 57, and 91 freeways.
A rare opportunity to acquire a stable, income-producing asset with strong in-place cash flow and future rental upside in one of Orange County’s most established rental markets. Read Less
Listing Snapshot
Days Online
13
Last Updated
Property Type
Quadruplex
Lot Size
0.18 Acres
Year Built
1968
MLS Number
DW26101770
Additional Details
Property Access
Road Surface: Paved
Appliances & Equipment
GasOven, Refrigerator
Building
Built in 1968, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: 1, Construction Materials: Concrete
ElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected, SewerAvailable, SewerConnected, WaterAvailable, WaterConnected, Water Source: Public, Standard, 4 separate electric meters, 4 separate gas meters
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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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