2031 Palmyra Avenue, Orange, CA 92868
  • MLS#: NP25080247 ( Triplex )
  • Street Address: 2031 Palmyra Avenue
  • Viewed: 1
  • Price: $1,475,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Days On Market: 15
  • Additional Information
  • County: ORANGE
  • City: Orange
  • Zipcode: 92868
  • Provided by: R L M Equities
  • Contact: Randall Randall
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Presenting West Palmyra Apartments: a prime investment property in a high demand Orange County rental market. Located within a desirable, low density suburb of the City of Orange, this asset benefits from exceptional freeway access (5, 22, 57). The property features a well balanced unit mix of highly rentable one bedroom townhome style units and a large three bedroom single story residence. All units are currently occupied at excellent rental rates, underscoring strong tenant demand. Key features include in unit washer/dryer hookups and private enclosed patios, ensuring tenant satisfaction and retention. The inclusion of 3 garage and 2 open parking spaces further enhances the property's appeal. This is an opportunity to acquire a well maintained, income producing property in a blue chip location! This property can be sold separately or in addition to 2041 W. Palmyra, totaling 6 Units.
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Features
Building Area Total
  1. 2564.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Country
  1. US
Electric Expense
  1. 0.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 3.00
Gardner Expense
  1. 1890.00
Insurance Expense
  1. 1116.00
Laundry Features
  1. Common Area
  2. Gas Dryer Hookup
  3. Washer Hookup
Laundry Income
  1. 600.00
Levels
  1. Two
Lot Features
  1. 6-10 Units/Acre
Netoperatingincome
  1. 66895.00
Newtaxesexpense
  1. 16406.00
Otherexpense
  1. 1832.00
Otherexpensedescription
  1. ALL Utl.
Otherincome1
  1. 1104.00
Otherincomedescription
  1. RUBs
Parcel Number
  1. 39022231
Pool Features
  1. None
Postalcodeplus4
  1. 3743
Property Type
  1. Triplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 436234738:CRM
Totalexpenses
  1. 24164.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 2.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1964
Year Built Source
  1. Assessor