2689 N Bourbon Street, Orange, CA 92865
Property · 2 recorded sales since 2018
Sold September 2019
Listing Agent: Tyler Leeson (DRE #01451551) · Listing Office: Marcus & Millichap RE Invest · Contact: 949-419-3200 · Bought with: Chuck Cummings · Re/Max Coastal Homes · MLS #OC19093110 · Source: CRMLS
About this property
Great 4-Plex cash cow that checks all the boxes! Located in the prime area of East Orange next to Villa Park with close access to the 55 and 91 fwys. All units are 2 bedroom and 2 bath townhomes measuring approx. 1,000 SF. Tenants enjoy amenities including attached garage parking, private patios or decks, and individual inside laundry facilities. Each unit has separate meters: gas, water and electricity and their own central heat and A/C. The strategic location in close proximity to The Village at Orange, Old Town, offer residents with convenient access to major retailers, grocers, dining, and entertainment options as well as access to employment hubs in surrounding cities. The location offers high visibility in an area known for its strong tenancy, good rent growth, and a historically high occupancy rate. Yearly gross scheduled income is excellent at $93,360 and still room for upside potential of approx. 15%. Excellent investment opportunity. Great for owner occupant!! This is the one you’ve been waiting for!
Listing description from the September 2019 sale, as reported to CRMLS.
Sale history
