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32033943
32033944

720 N Adele Street, Orange, CA 92867

American Home Realty
American Home Realty
Listed by American Home Realty
$1,885,000
34 days on market
Updated 3 days ago

720 N Adele Street

Details
APN 38317522
Property Type Multifamily
Sub Type Apartment Building
Units 4
Buildings 1
Stories 2
Acreage 0.190
Zoning Assessor

Multifamily | 4 Units

Marketing description

Well-maintained Pride of Ownership 4-unit property located in the highly desirable City of Orange near Villa Park. The adjacent property at 730 Adele is also available for sale, offering a rare opportunity to acquire a total of 8 units. Properties may be purchased together or separately, with the advantage of conforming financing available for each building. Ideally situated near shopping centers, restaurants, parks, schools, and churches, this property benefits from strong tenant demand in a sought-after rental market. Convenient access to the 55, 5, and 91 freeways makes commuting throughout Orange County simple and efficient. The unit mix includes a spacious front owners unit featuring 3 bedrooms and 2.5 bathrooms with an attached 2-car garage. Two additional units offer 2 bedrooms and 1.5 bathrooms, along with one upstairs unit featuring 2 bedrooms and 1 bathroom. The property includes a total of 6 garages (2 attached, 4 detached), plus additional parking in front of the garages and a recently added parking space in front of the building. Each unit includes washer and dryer hookups, enhancing tenant convenience. The property is currently occupied by long-term, MONTH TO MONTH TENANTS with below-market rents, presenting a significant opportunity for increased income and future upside. Both 720 and 730 Adele share a common driveway, making this an ideal acquisition for a single buyer seeking scale and long-term investment potential.
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Listing Contacts

American Home Realty
American Home Realty
Listed by American Home Realty

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