302 N Batavia Street, Orange, CA 92868

$3,150,000

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Sold Price
$3,150,000
List Price
$3,495,000
Closing Date
Nov 01, 2023
Status
CLOSED
MLS#
NP23143031
Year Built
1964
Lot Size
23,522
Acres
0.54
Lot Location
Back Yard, Lawn, Sprinkler System
Days on Market
11
Property Type
Multifamily
Style
Bungalow
Property Sub Type
Apartment
Stories
One Level, Two Levels

Property Description

We are pleased to present the sale of 302 N. Batavia Street, an 8 unit multifamily property located in the City of Orange. Each bungalow features 2 bedrooms, 1 bathroom, private yard space, and approximately 830 SF of living space. This rare property sits on a 23,552 square foot lot featuring a community laundry area and separately metered units for gas and electricity. The subject property offers significant rental upside and the ability to dramatically increase cash flow. Tenants enjoy close proximity to Chapman University, Main Place Mall, CHOC, Orange Circle, and El Camino Park.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling Description
None
View
None
Roof
Composition
Garage Spaces Total
8
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
8
Gross Scheduled Income
$164,700
Operating Expense
54698

Listing courtesy of Listing Agent: Timothy Carr (tci@timcarrgroup.com) from Listing Office: Coldwell Banker Realty.

Listing sold by Rick Applebaum from Morgan Skenderian

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.