2562 N Bourbon St - Apartments FOR SALE


Orange, CA 92865
$1,850,000 USD
949-500-5099
2562 N Bourbon St, Orange, CA for Sale
$1,850,000 USD
Apartments - FOR SALE
1/7
null | 3.44% Cap Rate

2562 N Bourbon St
Orange, CA 92865


HIGHLIGHTS

  • Well Maintained Orange 4 Plex
  • Great Rental Location near Retail, Restaurants, Churches and Schools
  • Accessible to the 55, 5 & 91 Freeways for Easy Commuter Access
  • Average Unit Size of 1,100+ SF
  • 2 and 3 Bedroom Units
  • Highly Motivated Seller

OVERVIEW

This is an exceptional opportunity to acquire a well-maintained four-unit multifamily property, ideally located in the vibrant city of Orange. Built in 1968, 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 sought-after rental market. Some of the property amenities include an onsite laundry facility, patios/balconies, and wall A/C. 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.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$387 USD /SF

# OF UNITS

4

PRICE/UNIT

$462,500

CAP RATE

3.44%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

R3

APN/PARCEL ID

374-462-28

ASK ABOUT THIS PROPERTY

Rick ApplebaumMorgan-Skenderian Investment Real Estate GroupMore Info
949-500-5099

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Rick ApplebaumMorgan-Skenderian Investment Real Estate GroupMore Info
949-500-5099

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.