This opportunity offers a 5-unit multifamily investment with historically low vacancy. The unit mix is an attractive (2) three-bedroom two two-bath, (2) two-bedroom two two-bath and (1) two-bedroom (1) one-bat. All units have some updated. Three units have wood flooring, and one unit has tile flooring. The 2-bedroom units have a single garage, the 3-bedroom units have a double garage, and additional open parking spaces are on site. The laundry room is included for added income.
Property Highlights
• 5-Plex Garden Low Rise
• (2) Three Bedroom, Two Bath Town House Style
• (1) Two Bedroom, Two Bath
• (1) Two Bedroom, One Bath
• Garage, Laundry Room, and Patio/Balcony
• Well Maintained Rental Property
• Near Shops and Restaurants and Minutes from the Village of Orange
• Excellent Schools
• Freeway Access 55, 22 & 91
Page 4: Property Details – need high resolution jpeg of property
Sale Price: $2,500,000
Units: 5
Cap Rate: 3.75
Current Feeland:
NOI: $88,728
APN: 372-313-09
Lot Size: 11.200/0.26
Building Size: 5,478
Building Class: C
Year Built: 1973
Zoning: R-3
Foundation: Concrete
Walls: Wood Fram Stucco
Roof: Pitched
Cross Streets: Coral Street
The subject property is located in a quiet neighborhood within the City of Orange with close proximity to the affluent residential neighborhoods of Villa Park and Orange Park Acres. This location offers easy access to the
55 Freeway and is near many shops and restaurants located along Tustin Street.