756 N Shattuck PL Pending Save Request In-Person Tour Request Virtual Tour
Orange,CA 92867
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $502
MLS Listing ID PW24163383
Year Built 1959
Lot Size 8,132 Sqft
Property Description
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.
Location
State CA
County Orange
Area 699 - Not Defined
Rooms
Ensuite Laundry Washer Hookup,Inside
Interior
Laundry Location Washer Hookup,Inside
Heating Wall Furnace
Cooling None
Fireplaces Type Bath,Family Room,Gas,Kitchen,Primary Bedroom,None
Laundry Washer Hookup,Inside
Exterior
Garage Carport
Pool None
Community Features Curbs
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Sewer Tap Paid
New Construction No
Others
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Trust