756 N Shattuck Place, Orange, CA 92867
Fourplex
Sold November 2024
Listing Agent: Tom Gonzalez (DRE #01487226) · Listing Office: Keller Williams Realty · Contact: 714-726-3007 · Bought with: Ali Jahanshahi · Keller Williams Realty N. Tustin · MLS #PW24163383 · Source: CRMLS
About this fourplex
A value-add investment opportunity located in the City of Orange. Each of the four units features 2 bedrooms and 1 baths, totaling 3,360 square feet." Property Overview: Given the property's location in the City of Orange, surrounded by multi-unit properties, residential homes, and retail stores, it seems well-positioned for rental income and property appreciation. Here are some factors to consider: Rental Income Potential High Demand for Rentals: Proximity to retail stores and residential areas often indicates a higher demand for rental properties. Tenants often prefer locations with easy access to shopping, dining, and other amenities. Rental Rates: Research the current rental rates in the area for similar properties. This will give you a good idea of the potential income you can generate. Occupancy Rates: Check the occupancy rates of similar properties in the vicinity. High occupancy rates are a positive indicator of strong rental demand. Property Appreciation Potential Location: The City of Orange is known for its charming neighborhoods and historic districts, which can contribute to property value appreciation over time.
Listing description from the November 2024 sale, as reported to CRMLS.
Sale history