1151 N Shattuck Street, Orange, CA 92867
Triplex
Sold May 2023
Listing Agent: Cameron Irons (DRE #01176224) · Listing Office: SVN / Vanguard · Contact: 714-446-0600 · Bought with: Cameron Irons · SVN / Vanguard · MLS #PW23061527 · Source: CRMLS
About this triplex
New to Market! A well-maintained triplex located in a highly desirable Orange neighborhood. First time on the market in over 25 years! The Shattuck Street Apartments are located in central Orange, are 100% occupied and most tenants have been occupants for numerous years. The seller will be offering tenants a 1 year lease at close of escrow as part of the sale terms. Featured units are composed of (1) 3 bedroom and 2 bathroom unit and (2) 2 bedroom and 1.5 bathroom townhome style units which are spacious and well designed featuring an outdoor landscaped recreation area for residence enjoyment. Additionally, there are (3) single-car garages accessible for each tenant. This building is located within an excellent rental location and boasts historically low vacancy rates with the ability to drastically increase rents beyond the expiration of the lease terms. The Shattuck Street Apartments have 3 electric meters, 3 gas meters and 1 water/sewer meter. Landlord expenses include water, sewer, trash services and gardening. All tenant specific units are separately metered for electricity and gas. Other features of the Shattuck Street Apartments include newer bathrooms, fresh paint and flooring (units A & B) and a newer central air unit for unit C. The Shattuck Street Apartments are located near the cross streets of Katella Avenue and Tustin Street with close proximity to many Southern California's family destinations such as Disneyland, Los Angeles Angels of Anaheim, Honda Center, and Knott's.
Listing description from the May 2023 sale, as reported to CRMLS.
Sale history