Listed by Legacy Real Estate
$1,599,000
1600 Picadilly
Details
APN 07135132
Property Type Multifamily
Sub Type Apartment Building
Units 4
Buildings 1
Acreage 0.173
Zoning Assessor
Multifamily | 4 Units
Marketing description
Exceptional investment opportunity in the heart of Orange County! This well-maintained four-unit income-producing property offers immediate cash flow with outstanding long-term upside. Ideally situated in a highly desirable rental market, this rare multifamily asset features four fully leased units with strong rental demand and significant value-add potential. Positioned on an oversized lot, the property offers the opportunity to add two additional units (buyer to verify with the appropriate city and local agencies), creating the potential to substantially increase rental income and overall property value. Whether you're an experienced investor looking to expand your portfolio or an owner seeking a prime redevelopment opportunity, this property checks every box. Located just minutes from major employment centers, shopping, dining, entertainment, beaches, and convenient freeway access, tenants enjoy everything Orange County has to offer. The central location continues to attract high-quality renters, making vacancy rates consistently low and future appreciation highly attractive. Opportunities like this are increasingly rarea stable income-producing asset with immediate cash flow, future development potential, and a premier Orange County location. Don't miss your chance to own a versatile investment with exceptional upside in one of Southern California's most sought-after markets.
Listing Contacts
Listed by Legacy Real Estate
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Zoning
R-3 ResidentialMulti FamilyLimited Density Multiple Family Residential
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View all 53 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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