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$ 1,895,000
Est. payment /mo
Pending
408 W La Veta Avenue Orange, CA 92866
9 Beds
8 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID SB25129866
Bedrooms 9
Property Sub-Type Res Income 2-4 Units
Property Description
HUGE 4plex! In the last 30 years in the entire city of Orange, only about a dozen 4plexes have sold that were this size or bigger. What an opportunity! Size does matter in income property - the bigger the units, the more rent you can eventually charge. ** Right now there are only four other 4plexes on the market in the city and their average size is about 3,900. 408 W La Veta is 5,104 SF. ** La Veta sides to a big culdesac. ** The OWNERs unit is huge - about 1,500 SF - with its own en suite (private bedroom/bathroom). A full laundry is in the hall near kitchen. Large private front patio outside front door. ** Good old fashioned wood burning fireplace too, in the living room! ** The other 2 bedrooms have a full bathroom in a Jack and Jill" set up, so both bedrooms have private and direct access to a full bath. ** Entire building is electric - so there are no gas bills. ** All 3 other units are townhome styled, so no one is above them. ** Every unit has its own private garage and own water heater. Parking: there are 4 individual garages plus 2 open parking spaces. ** Motivated and reasonable seller. Will consider doing a loan "buydown" so that the interest rate is fixed the first year at 4.5% and the second year is 5.5%!! Call for details. ** All units are Month to Month, no leases. ** Super convenient and close to 5 freeways!!: 5, 22, 55, 57 and 91, making travel throughout LA and Orange Counties and beyond a breeze. ** Proximity to retail stores and residential areas often indicates a higher demand for rental properties. ** Seller already paid for all 3 inspection reports (
Location
State CA
County Orange
Zoning Assessor
Direction .
Interior
Heating Radiant
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Tax ID 39063139
Listed by Nick Peters Real Brokerage Technologies
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