472 S Pixley Street, Orange, CA 92868

About this property

This Garden-style apartment complex features over $900,000 in recent ground-up restorations- new plumbing, HVAC, subfloors, insulation, electrical, roof, drywall, stucco, and concrete. Consisting of (2) large 2 Bedroom/2 Bath units and (3) Large 1 Bedroom/1 Bath units. Every tenant appreciates the immaculately upgraded interiors, designated patios, en-suite + designated laundry facility, and modern exterior upgrades. 472 S Pixley is strategically located close to three major hospitals - CHOC Childrens Hospital, St Joseph's Hospital, and UCI Medical Center. Additionally, the property is proximate to shopping and entertainment options at Old Towne Orange and Main Place Mall. Easy access to the I-22 freeway enables hassle-free commuting to core job markets via the I-5, I-55, and I-57 freeways, further enhancing its value proposition. This generational asset offers a rare opportunity to own in one of the most desired neighborhoods in Southern California. A future investor will enjoy long-term upside with this asset, due to a continued shortage of apartment housing and lack of affordability in single-family homes in Southern California.

Listing description from the October 2023 sale, as reported to CRMLS.

Sale history

$2,150,000

Sold October 2023 · listed $2,450,000, on market May 2023 · MLS #NP23115627 · Source: CRMLS

Listing Agent: Aspen Labrador · Listing Office: Compass · Contact: 949-438-4340 · Bought with: Aspen Labrador · Compass

$1,125,000

Sold September 2018 · listed $1,149,000, on market May 2018 · MLS #PW18128737 · Source: CRMLS

Listing Agent: Jacob Barnard · Listing Office: Ricci Realty · Contact: 714-633-3600 · Bought with: Albert Ricci · Ricci Realty

$839,000

Sold October 2013 · listed $849,900, on market June 2013 · MLS #PW13103275 · Source: CRMLS

Listing Agent: Albert Ricci · Listing Office: Ricci Realty · Contact: 714-633-3600 · Bought with: Albert Ricci · Ricci Realty

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