2625 W Orion Avenue
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Welcome to Santa Ana! This fourplex is situated in South Coast Metro on the border of Santa Ana and Costa Mesa. All four units have new dual pane windows, AC units and renovated in 2019. Unit 1 offers 3bed/2bath floorplan. Unit 2 offers 2bed/2bath floorplan. Unit 3 offers 2 bed/2bath floorplan, while unit 4 offers […]
Description
Welcome to Santa Ana! This fourplex is situated in South Coast Metro on the border of Santa Ana and Costa Mesa. All four units have new dual pane windows, AC units and renovated in 2019. Unit 1 offers 3bed/2bath floorplan. Unit 2 offers 2bed/2bath floorplan. Unit 3 offers 2 bed/2bath floorplan, while unit 4 offers 2bed/1bath. Great passive income opportunity with low expenses! Live in the front unit and rent the rest. One 2-car garage, three 1-car garages are featured on the property. Convenient location near South Coast Plaza, Metro Pointe Shopping Center, the 405 FWY, and great schools. Separate electric and gas meters for all units. Add common laundry in the existing laundry room for additional income.
View full listing detailsListing Details
| Price: | $1725000 |
|---|---|
| Address: | 2625 W Orion Avenue |
| City: | Santa Ana |
| State: | California |
| Zip Code: | 92704 |
| Subdivision: | ,n/a |
| MLS: | OC23117538 |
| Year Built: | 1970 |
| Acres: | 0.17 |
| Lot Square Feet: | 0.17 acres |
| clip: | 6783989738 |
|---|---|
| sewer: | Public Sewer |
| levels: | Two |
| taxLot: | 23 |
| country: | US |
| garageYN: | yes |
| coolingYN: | yes |
| heatingYN: | yes |
| directions: | Major Crossroads: MacArthur Ave and Fairview Rd |
| entryLevel: | 1 |
| commonWalls: | 2+ Common Walls |
| grossIncome: | 104532 |
| landLeaseYN: | no |
| lotFeatures: | Back Yard |
| lotSizeArea: | 7405 |
| waterSource: | Public |
| garageSpaces: | 5 |
| listingTerms: | Submit |
| lotSizeUnits: | Square Feet |
| parkingTotal: | 6 |
| trashExpense: | 3300 |
| associationYN: | no |
| entryLocation: | 1 |
| lotSizeSource: | Assessor |
| rentControlYN: | yes |
| buyerFinancing: | Cash |
| commonInterest: | None |
| elevationUnits: | Feet |
| electricExpense: | 300 |
| gardenerExpense: | 1500 |
| newTaxesExpense: | 19800 |
| parkingFeatures: | Garage |
| yearBuiltSource: | Assessor |
| insuranceExpense: | 2604 |
| operatingExpense: | 29804 |
| buildingAreaUnits: | Square Feet |
| numberOfBuildings: | 1 |
| openParkingSpaces: | 1 |
| waterSewerExpense: | 2300 |
| netOperatingIncome: | 78399 |
| numberOfUnitsTotal: | 4 |
| propertyAttachedYN: | yes |
| grossScheduledIncome: | 104532 |
| listAgentStateLicense: | 01473012 |
| coListAgentStateLicense: | 01709031 |
| specialListingConditions: | Standard |
| numberOfSeparateGasMeters: | 5 |
| propertySubTypeAdditional: | Quadruplex |
| customPropertyDateModified: | 2023-10-09T23:18:03+00:00 |
| customPropertyDpResourceYN: | 1 |
| numberOfSeparateWaterMeters: | 1 |
| numberOfSeparateElectricMeters: | 5 |
| customPropertyOriginatingSystemKey: | 371648129 |
| customPropertyLeaseAmountPerAreaUnit: | Dollars Per Square Foot |
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