2625 W Orion Avenue, Santa Ana, CA 92704
- $1,725,000
- Sold Price
- $1,725,000
- List Price
- $1,750,000
- Closing Date
- Oct 06, 2023
- Status
- CLOSED
- MLS#
- OC23117538
- Year Built
- 1970
- Lot Size
- 7,405
- Acres
- 0.17
- Lot Location
- Back Yard
- Days on Market
- 77
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
- Neighborhood
- N/A
Property Description
Welcome to Santa Ana! This fourplex is situated in South Coast Metro on the border of Santa Ana and Costa Mesa. Great unit mix with with one 3 bedroom and three 2 bedroom units. All four units have new dual pane windows, central AC/Heat and all majorly renovated in 2019. Unit 1 offers 3bed/2bath single level floorplan. Unit 2 offers 2bed/2bath floorplan. Unit 3 offers 2 bed/2bath floorplan, while unit 4 offers 2bed/1bath. Great passive income opportunity with low expenses! Live in the front unit and rent the rest. One 2-car garage, three 1-car garages are featured on the property. Convenient location near South Coast Plaza, Metro Pointe Shopping Center, the 405 FWY, and great schools. Separate electric and gas meters for all units. Units have laundry hook ups in their garages as well as a common laundry room that is currently used as a maintenance storage room but can potentially add additional income. Cleanest and most upgraded covington style property in the area at a good price, good income with great upside potential in rents.
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Additional Information
- Pool Description
- None
- Heat
- Forced Air
- Cooling
- Yes
- Cooling Description
- Central Air
- Roof
- Asphalt, Shingle
- Garage Spaces Total
- 5
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $104,532
- Operating Expense
- 29804
Listing courtesy of Listing Agent: Elizabeth Do (Liz@ElizabethDo.com) from Listing Office: Keller Williams Realty.
Listing sold by Hung Hoang from New Empire Realty
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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.