First Team Real Estate
Listed by First Team Real Estate
$1,699,000
603 S Orange
Details
APN 40410307
Property Type Multifamily
Sub Type Apartment Building
Units 3
Cap Rate 4.91%
Buildings 3
Acreage 0.212
Zoning Assessor
Multifamily | 4.91% CAP | 3 Units
Marketing description
Spacious and versatile Santa Ana investment opportunity, perfect for both investors or owner-occupants! The property features a 5-bedroom front house (2,042 sq. ft.) and two separate 1-bedroom rear units (585 sq. ft. each) on a large 9,224 sq. ft. lot (per assessor). Both the main house and rear units have separate meters and convenient alley access. The rear units are fully independent with private side entrances and no shared backyard space, providing privacy for tenants. Recent upgrades include updated windows, newer fencing, and extensive exterior wood repairs, including improved stair access and landings for the rear units. The property offers a large front yard with lush grass, a decorative cement and wrought-iron fence, a corner location with ample parking, and a low-maintenance backyard. Interior features include wood and tile flooring and interior wood stairs. Additional highlights include four single-car garages under the rear units and a separate driveway with direct accessperfect for RV or boat parking. Well-maintained and turnkey, this property provides strong rental income potential with minimal immediate upkeep.
Listing Contacts
First Team Real Estate
Listed by First Team Real Estate
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