2562 Bourbon Street, Orange, CA 92865
  • MLS#: PW25088225 ( Quadruplex )
  • Street Address: 2562 Bourbon Street
  • Viewed: 13
  • Price: $1,785,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1965
  • Bldg sqft: 0
  • Days On Market: 67
  • Additional Information
  • County: ORANGE
  • City: Orange
  • Zipcode: 92865
  • Subdivision: Other (othr)
  • Provided by: Morgan Skenderian
  • Contact: Rick Rick
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    2562 N. Bourbon Street, an exceptional opportunity to acquire a well maintained four unit multifamily property, ideally located in the vibrant city of Orange. THIS PROEPRTY IS FEE SIMPLE, NOT A LAND LEASE. 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.
Property Location and Similar Properties
Request More Information
  • All fields are required.
Contact Patrick Adams
Contacting Patrick Adams
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Features
Assessments
  1. Special Assessments
Building Area Total
  1. 4417.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Days On Market
  1. 63
Current Financing
  1. None
Electric Expense
  1. 405.00
Entry Location
  1. front
Fuel Expense
  1. 1654.00
Garage Spaces
  1. 5.00
Gardner Expense
  1. 1200.00
Insurance Expense
  1. 4417.00
Laundry Equipment Own Lease
  1. Lease
Laundry Features
  1. Community
Laundry Income
  1. 100.00
Levels
  1. Two
Lot Features
  1. Landscaped
  2. Level with Street
  3. Lot 6500-9999
Netoperatingincome
  1. 64352.00
Newtaxesexpense
  1. 19913.00
Otherexpense
  1. 500.00
Otherexpensedescription
  1. Misc
Parcel Number
  1. 37446228
Pest Control Expense
  1. 600.00
Pool Features
  1. None
Postalcodeplus4
  1. 3006
Property Type
  1. Quadruplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 436928002:CRM
Subdivision Name Other
  1. Unknwon
Totalactualrent
  1. 8485.00
Totalexpenses
  1. 35577.00
Trash Expense
  1. 1397.00
Uncovered Spaces
  1. 1.00
Vacancyallowance
  1. 3090
Views
  1. 13
Water Sewer Expense
  1. 2493.00
Water Source
  1. Public
Year Built
  1. 1965
Year Built Source
  1. Estimated