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Listed by Nick Peters • Real Brokerage Technologies
$1,895,000
Est. payment /mo
8,455 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25129866
Year Built 1965
Lot Size 8,455 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
HUGE 4plex! In the last 30 years in the entire city of Orange, only about a dozen 4plexes have sold that were this size or bigger. What an opportunity! Size does matter in income property - the bigger the units, the more rent you can eventually charge. ** Right now there are only four other 4plexes on the market in the city and their average size is about 3,900. 408 W La Veta is 5,104 SF. ** La Veta sides to a big culdesac. ** The OWNER's unit is huge - about 1,500 SF. Has its own en suite (private bedroom/bathroom) plus full laundry inside near kitchen. Large private front patio outside front door. ** Good old fashioned wood burning fireplace too, in the living room! ** The other 2 bedrooms have a full bathroom in a "Jack and Jill set up, so both bedrooms have private and direct access to a full bath. ** Entire building is electric - so there are no gas bills. ** All 3 other units are townhome styled, so no one is above them. ** Every unit has its own private garage and own water heater. parking: there are 4 individual garages plus 2 open parking spaces. ** Motivated and reasonable seller. Will consider doing a loan "buydown" so that the interest rate is fixed the first year at 4.5% and the second year is 5.5%!! Call for details. **
Location
State CA
County Orange
Area Oto - Old Towne Orange
Rooms
Kitchen Refrigerator
Interior
Heating Radiant, Electric
Cooling None
Laundry In Closet, 30, Other, Washer/Dryer - Owned, Community Facility, 9
Exterior
Parking Features Assigned Spaces
Garage Spaces 6.0
Pool 31, None
View None
Roof Type Composition
Building
Lot Description Corners Marked, Grade - Level
Water District - Public
Others
Tax ID 39063139
Special Listing Condition Not Applicable
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Joel Martinez
Property Connection Specialist | License ID: 02338033
Property Connection Specialist License ID: 02338033