2647 E Almond Avenue, Orange, CA 92869

$1,750,000

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Sold Price
$1,750,000
List Price
$1,950,000
Closing Date
Nov 01, 2024
Status
CLOSED
MLS#
PW24209364
Year Built
1968
Lot Size
13,068
Acres
0.30
Lot Location
2-5 Units/Acre, Front Yard, Landscaped, Sprinkler System
Days on Market
0
Property Type
Multifamily
Style
Contemporary
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

Attention Investors! Incredible opportunity to own a 4-unit apartment building in the heart of Orange, perfect for building generational wealth or for a savvy investor seeking steady income with long-term tenants. This property features a rare unit mix, including two 3-bedroom, 2-bath units, one 2-bedroom, 2-bath unit, and one 1-bedroom, 1-bath unit with a private balcony. The building offers 4,273 square feet of living space on a spacious 12,933 square foot lot. Each unit is individually metered for gas and electricity to help manage expenses. Common laundry and garage spaces are also available. Conveniently located just off Chapman Avenue and the 55 Freeway, the property provides easy access to shopping, dining, excellent schools, Downtown Orange, 22/91/5 freeways, and nearby hiking trails. This is a rare investment opportunity in a desirable area with great potential—don’t miss out!

Additional Information

Pool Description
None
Fireplace Description
Living Room
Heat
Natural Gas
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Exterior Construction
Stucco
Roof
Tile
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$104,700
Operating Expense
29000

Listing courtesy of Listing Agent: Mauricio Roque (mauricioroque78@gmail.com) from Listing Office: Real Broker.

Listing sold by Dale Cheema from Keller Williams Irvine

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.