850 Kathleen St - Apartments FOR SALE


Orange, CA 92867
$2,050,000 USD
714-928-6833
850 Kathleen St, Orange, CA for Sale
$2,050,000 USD
Apartments - FOR SALE
1/14
null | 4.9% Cap Rate

850 Kathleen St
Orange, CA 92867


HIGHLIGHTS

  • Pride of ownership Orange Location on the Villa Park Border
  • Super unit mix of: 1- (3+2.5) Townhome, Fireplace, W/D hook ups, 2- (2+2.5) Townhomes, 1- (2+2) Walk up
  • 3 of the 4 units completely renovated including: New Kitchens & Bathrooms, LVP flooring, and Stainless Steel Appliances
  • Garages (4 cars) plus 2- car carport, Separately Metered for Gas & Electric, Central Heat &and Wall AC.
  • Tenants on RUBS with Common Laundry Room for Additional Landlord Income
  • Near Numerous Vibrant Orange OC Employment Centers, CHOC Hospital, Chapman University, Orange Circle, and More

OVERVIEW

We are proud to present the Kathleen Townhomes, a pride of ownership, turn key fourplex in the City of Orange, on the Villa Park Border. The subject property boasts a spacious layout of 4415 rentable square feet on an expansive 8939 square feet corner lot. The Kathleen Townhome posses a superior unit mix including: 1-(3+2.5) townhome w/ fireplace, W/D hookups, attached two car garage with direct access, large private yard; 2-(2+2.5) townhomes with expansive private yards; and 1-(2+2) walk up apartment with a private patio. All units are separately metered for gas and electric and have central heat and wall AC's in most rooms. For optimal landlord cash flow, all the tenants are on RUBS (ratio utility bill back system) and there is a common laundry room providing additional income.

FOR SALE DETAILS

PRICE

$2,050,000 USD

PRICE/SF

$464 USD /SF

# OF UNITS

4

PRICE/UNIT

$512,500

CAP RATE

4.9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,939 SF

ZONING

R-3, Orange

APN/PARCEL ID

383-175-04

ASK ABOUT THIS PROPERTY

Brad NewVanguard Property GroupMore Info
714-928-6833

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Brad NewVanguard Property GroupMore Info
714-928-6833

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.