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    2673 N Bourbon Street

    Orange, CA 92865
    • $1,280,000
    • STATUS: Active Under Contract
    • ON SITE: 159 days
    • ID#: CV20237905
    Under Contract
    UPDATED: 216 min ago
    $1,280,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,356
      SQFT
    • $294
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1979
    County:

    School Ratings & Info

    Description

    Great cash flow & fully occupied long term tenants, townhouse style 4 units income property, 2 buildings with shared driveway, 2 units of 2 bedrooms / 2 baths / direct access 2 cars garage, & 2 units of 2 bedrooms /1 bath / direct access 1 car garage in the quiet city of Orange residential neighborhood; Each unit has own utilities meters; Newly remodel, all units are upgraded with laminate wood floor, granite counter top & newer appliances; Central A/C; Laundry hookups in each unit's garage; Front units come w/balconies and bank units come w/private fenced back yard; Restaurants, markets, shopping plaza are nearby; Easy Access to 55 Freeway, Lincoln Ave. Exit, & 91 Freeway, Tustin St. Exit.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T21:42:52.41. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
    www.teamforss.com/homes/111800170
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    2673 N Bourbon Street Orange, CA 92865

    • Price: $1,280,000
    • Status: Active Under Contract
    • Updated: 216 min ago
    • ID#: CV20237905
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    4,356
    SQFT
    $294
    $/SQFT
    1979
    Built
    Neighborhood:
    OTO - Old Towne Orange
    County:
    Orange
    Area:
    OTO - Old Towne Orange
    Property Description
    Great cash flow & fully occupied long term tenants, townhouse style 4 units income property, 2 buildings with shared driveway, 2 units of 2 bedrooms / 2 baths / direct access 2 cars garage, & 2 units of 2 bedrooms /1 bath / direct access 1 car garage in the quiet city of Orange residential neighborhood; Each unit has own utilities meters; Newly remodel, all units are upgraded with laminate wood floor, granite counter top & newer appliances; Central A/C; Laundry hookups in each unit's garage; Front units come w/balconies and bank units come w/private fenced back yard; Restaurants, markets, shopping plaza are nearby; Easy Access to 55 Freeway, Lincoln Ave. Exit, & 91 Freeway, Tustin St. Exit.
    Exterior Features

    Architectural Style Contemporary Construction Materials DrywallConcreteStucco Direction Faces West Entry Level 1 Entry Location Living Room Exterior Features Lighting Fencing BlockWood Foundation Details Concrete PerimeterSlab Lot Features Front YardLawnLevelRectangular Lot Number Of Separate Electric Meters 5 Open Parking Spaces 2 Parking Features AssignedDoor-MultiDirect AccessDoor-SingleDriveway Up Slope From StreetGarageGarage Door OpenerPavedGarage Faces RearShared DrivewayGarage Faces SideSide By Side Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof CompositionShingle Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances DishwasherFree-Standing RangeDisposalGas OvenGas RangeGas Water HeaterRange Hood Common Walls 1 Common Wall Cooling Central AirElectric Cooling YN Yes Door Features Sliding Doors Fireplace Features None Fireplace YN No Flooring LaminateTile Heating CentralForced AirNatural Gas Heating YN Yes Interior Features BalconyCeiling Fan(S)Granite CountersOpen FloorplanAll Bedrooms Up Window Features BlindsScreens

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.94 Common Interest Condominium Community Features CurbsStreet LightsSidewalks Contingency None Current Financing Conventional Disclosures Section 8 Approved Electric Electricity - On PropertyStandard Electric Expense 300 Fuel Expense 0 Garage YN Yes Gross Income 87000 Gross Scheduled Income 87000 Insurance Expense 2200 Land Lease Amount 3792 Land Lease Amount Frequency Annually Land Lease YN Yes Laundry Features Washer HookupGas Dryer HookupIn Garage Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventionalSubmit Net Operating Income 63263 New Construction YN No New Taxes Expense 14256 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 5 Number Of Units Leased 4 Operating Expense 23737 Other Expense 3792 Possession See Remarks Property Sub Type Quadruplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All UtilitiesCable TvGasInsuranceWater Total Actual Rent 7250 Trash Expense 645 Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer ConnectedWater Available Water Sewer Expense 850 Water Source Public

    Listing provided courtesy of James Chou of Re/Max 2000 Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T21:42:52.41. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
     
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    31213 Temecula Parkway
    Temecula CA, 92592