733 S Fondren Street

Orange, CA 92868

PRICE REDUCED

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-$145,000 (-8.08%)

$1,650,000

List Price

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1963

calendar_month Built

Property Description

Wonderful investment opportunity for this 4 unit property located in West Orange. This property is comprised of 4 town-home style units, each with 2 bedrooms and 1.5 bathrooms. There are two, 2-car garages at the rear of the building as well as a separate community laundry room with leased coin-operated washer & dryer. Income from laundry room is approximately $250-$300 per quarter. Rear fenced patios provide additional outdoor space for your tenants. No balconies to worry about here! This quadruplex is located within the desirable Palm Tree Gardens Community with a total monthly HOA dues of $300 that covers landscape and landscape maintenance, sidewalks and community pool. The exterior of the building has just been painted June 2024. Centrally located to shopping at the Outlets of Orange, freeways, transportation and UCI Medical Center. Landlord has not had a vacancy in over 5 years and these units seldom come on the market for sale so don't miss this rare opportunity!

Listing Information

List Price $1,650,000
Status Active
MLS PW24114744
HOA $300
Type Residential Income
Subtype Quadruplex
Year Built 1963
Lot Size 6,720
Structure Size N/A
DOM 76
Courtesy Of Seven Gables Real Estate
Listing Agent Lisa Blanc DRE#01260813
Co-Listing Agent Krista Blanc DRE#02009636

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
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Fireplace Information
Features None
Additional Information
Additional Features All Bedrooms Up
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Lisa Blanc, Krista Blanc, Seven Gables Real Estate . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 22nd, 2024 at 9:14 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.