756 N Shattuck PL Pending

Orange,CA 92867

$ 1688000

- Bed

- Bath

3360 SqFt


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

HOA Y/N No

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

Interior Features All Bedrooms Down

Laundry Location Washer Hookup,Inside

Heating Wall Furnace

Cooling None

Fireplaces Type Bath,Family Room,Gas,Kitchen,Primary Bedroom,None

Fireplace No

Laundry Washer Hookup,Inside

Exterior

Garage Carport

Carport Spaces 4

Pool None

Community Features Curbs

Utilities Available Electricity Connected,Sewer Connected,Water Connected

Parking Type Carport

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Sewer Tap Paid

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 38630207

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Trust

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