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$ 1,175,000
Est. payment | /mo
7 Beds
4 Baths
9,148 Sqft Lot
$ 1,175,000
Est. payment | /mo
7 Beds
4 Baths
9,148 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26145340
Bedrooms 7
Lot Size 9,148 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Investment Opportunity in the Heart of Orange. A rare value-add opportunity for investors: this triplex is priced to reflect two known capital items: a repipe and a new roof over the garage only (with estimates available). Complete the work and step into equity upside. Additional equity opportunity with further renovations. The property is comprised of one 3-bedroom, 2-bath unit and two 2-bedroom, 1-bath units, occupied by long-term tenants in a highly desirable rental pocket. Parking onsite including three garage spaces (2-car and a 1-car), plus an on-site laundry room offering additional income potential. Location is unbeatable: just down the street from Chapman University, the Orange Circle, and all the offerings of Old Town Orange--shops, dining, and services. Got a train to catch? Orange Transportation Center (OTO) is located just 2.7 miles away and the Anaheim Canyon Station is only 3.3 miles out plus easy access to local freeways. This is a well-located, income-producing asset with a clear path to added value.
Location
State CA
County Orange
Zoning Assessor
Direction Corner of Meats & Orange Olive
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 37443106
Acceptable Financing Exchange
Listing Terms Exchange
Listed by Marc Smith, DRE#01956931 Freedom First Properties
Nearby Locations
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