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… Read More 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. Read Less
Listing Snapshot
Days Online
87
Last Updated
Property Type
Quadruplex
Lot Size
0.16 Acres
Year Built
1965
MLS Number
PW25088225
30 Days Snapshot Of 92865
$1.09M
+7%
(avg) sold price
14
-22%
homes sold
70
+6%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1965, Building area total: 4,417, Levels: Two, 2 stories, 1 building, Common walls: NoCommonWalls
Community
Curbs, StreetLights, Sidewalks
Cooling
WallWindowUnits
Expenses
Electric expense: $405, Fuel expense: $1,654, Gardener expense: $1,200, Insurance expense: $4,417, Maintenance expense: $2,998, New taxes expense: $19,913, Operating expense: $35,577, Trash expense: $1,397, Water sewer expense: $2,493, Other expense: $500
Garage
5 spaces
Income
Gross income: $103,020, Net operating income: $64,352
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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