417 N Citrus St - Multi-Family FOR SALE


Orange, CA 92868
$1,695,000 USD
949-648-1474
417 N Citrus St, Orange, CA for Sale
$1,695,000 USD
Multi-Family - FOR SALE
1/10
null | 4.05% Cap Rate

417 N Citrus St
Orange, CA 92868


HIGHLIGHTS

  • (2) Single-Story SFR on One Lot
  • Newly Constructed Single-Family Residence
  • (1) 4B/2B & (1) 2B/1B Floorplans
  • Each Unit Has Outdoor Space Available & Washer/Dryer Hookups
  • Residential Financing Available
  • Student Housing Opportunity Located Near Chapman University

OVERVIEW

417 N. Citrus Street presents a rare opportunity to acquire two detached single-family residences on one parcel in the City of Orange. The property mix has an original four-bedroom/two-bathroom front home and a newly constructed two-bedroom/one-bathroom ADU. The property qualifies for owner-occupied residential financing and both units are individually metered with tenants paying all utilities. Proximity to Chapman University, CHOC Hospital, and St. Joseph Hospital drives consistent rental demand, with direct freeway access to the 5, 22, 55, 57, and 91.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$788 USD /SF

# OF UNITS

2

PRICE/UNIT

$847,500

CAP RATE

4.05%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,600 SF

ZONING

-

APN/PARCEL ID

039-012-17

ASK ABOUT THIS PROPERTY

949-648-1474

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949-648-1474

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