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181 Waverly Street, Orange, CA 92866
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181 Waverly Street
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  • MLS#: NDP2600276 ( Multi Family )
  • Street Address: 181 Waverly Street
  • Viewed: 1
  • Price: $3,200,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1924
  • Bldg sqft: 0
  • Days On Market: 2
  • Additional Information
  • County: ORANGE
  • City: Orange
  • Zipcode: 92866
  • Provided by: PacBLU
  • Contact: Scott Scott
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Trophy 5 unit apartment community in the heart of Olde Town Orange. Completely re constructed down the studs with City of Orange plans in 2021 22 (all new systems including electric, plumbing, sewer, insulation, roof, interiors with fantastic finishes). This 5 unit apartment in situated in a SFR neighborhood and will never be entitled again. The apartment community is walking distance to Chapman and Olde Town Orange. Built for the long term and cash flow. Low maintenance property. The front craftsman house has 3 bedrooms and 2 full bathrooms. Attached to the front house are two 1 bedroom/1 bathroom apartments. In a separate building in the back, there are two 1 bedroom, 1 bathroom apartments. There also exists a detached 2 car garage that includes seller owned laundry (coinless). This is a super unique property as the property itself wraps around the corner neighbor's home giving access to Maple and a community area that includes a hot tub, dining table, chaise lounge chairs. The community area is screened and lit with overhead lights making it an awesome tenant amenity. Mills Act possible for property tax savings and greater cash flow.
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Features
Advertisingexpense
  1. 0.00
Building Area Total
  1. 3520.00
Insurance Expense
  1. 2370.00
Netoperatingincome
  1. 120000.00
Parcel Number
  1. 38606202
Property Type
  1. Multi Family
Totalexpenses
  1. 51000.00
Trash Expense
  1. 1200.00
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/crmls/NDP2600276
Year Built
  1. 1924
Zoning
  1. R-1-6