Try Advanced Home Search

Hometuity Connects Directly To The MLS and Updates Every 5 Minutes

Property Description

This complex has ten (10) 2-bd, 2-ba units all occupied by same tenants for 10+ years. 5 units on each side of complex with common area yard in between the buildings. 3 units upstairs on each side and 2 units downstairs on each side. Downstairs units have private patios and upstairs units have balconies. Some units have minor updates but most are in good condition. Each unit has a 1-car garage and 1 assigned parking spot in parking lot. Two washers and two dryers in common area laundry room are leased and maintained by National Service Company. Current owner pays for gardener, pest control, water and trash services. It is believed the construction is 1993 but buyer should verify year built. With improvements, rents can be increased to market rates which are substantially higher than the current rents, huge upside on this property.

Features
: No
: Forced air
: Central Air
: Courtyard
2
1
: Community
0
: Sidewalks
Additional Information
Seven Gables Real Estate
0
HMUIRHJO
H894
John
38643419
: Standard
10
Two
25

Multi-Family For Sale

875 Olive Street, Orange, California 92867

$2,950,000
Listing ID #OC25036781
Basic Details
Status : Active under contract
DaysOnMarket : 12
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : OC25036781
Price : $2,950,000
Lot Size : 19,254 Sqft
Year Built : 1993
Country : US
State : California
County : Orange
City : Orange
Zipcode : 92867
ModificationTimestamp : 2025-03-04 08:11:43
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent