2714 W Orion Avenue
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Covington style fourplex situated in South Coast Metro. Great location near South Coast Plaza, Metro Pointe Shopping Center, the 405 FWY, and great schools. Separate electric and gas meters for all units. Unit 1 includes a 3bed/2bath floorplan. Unit 2 offers 2bed/2bath. Unit 3 is a two-story 2bed/1.5bath, while unit 4 showcases 2bed/1bath. The landlord is only responsible for exterior lights, water, trash, and …
Description
Covington style fourplex situated in South Coast Metro. Great location near South Coast Plaza, Metro Pointe Shopping Center, the 405 FWY, and great schools. Separate electric and gas meters for all units. Unit 1 includes a 3bed/2bath floorplan. Unit 2 offers 2bed/2bath. Unit 3 is a two-story 2bed/1.5bath, while unit 4 showcases 2bed/1bath. The landlord is only responsible for exterior lights, water, trash, and landscaping. Convert the laundry room into a community laundromat for additional income or leave as with tenants supplying their own washer/dryers via their garage hookups. Rents are either near or are at market rent. Amazing passive income opportunity with low expenses! Live in the front unit and rent the rest. One 2-car garage and three 4-car garages and 1 uncovered carport parking spot are featured on the property.
View full listing detailsListing Details
| Price: | $$1,865,000 |
|---|---|
| Address: | 2714 W Orion Avenue |
| City: | Santa Ana |
| State: | California |
| Zip Code: | 92704 |
| Subdivision: | Other (OTHR) |
| MLS: | OC22075005 |
| Year Built: | 1970 |
| Square Feet: | 4,553 |
| Acres: | 0.180 |
| Lot Square Feet: | 0.180 acres |
| additionalParcelsYN: | no |
|---|---|
| average1BedAreaUnits: | Square Feet |
| average2BedAreaUnits: | Square Feet |
| average3BedAreaUnits: | Square Feet |
| averageStudioAreaUnits: | Square Feet |
| buildingAreaUnits: | Square Feet |
| commonWalls: | No Common Walls |
| communityFeatures: | Curbs, Sidewalks, Street Lights |
| country: | US |
| daysOnMarket: | 97 |
| electricExpense: | 28 |
| elevationUnits: | Feet |
| garageSpaces: | 5 |
| gardenerexpense: | 100 |
| grossScheduledIncome: | 94080 |
| insuranceExpense: | 216 |
| landLeaseYN: | no |
| laundryFeatures: | In Garage |
| laundryYN: | yes |
| levels: | Two |
| listAgentStateLicense: | 01473012 |
| listOfficeStateLicense: | 01932401 |
| lotFeatures: | Landscaped, Paved |
| lotSizeArea: | 7841 |
| lotSizeSource: | Assessor |
| lotSizeSquareFeet: | 7841 |
| lotSizeUnits: | Square Feet |
| mlsAreaMajor: | 69 - Santa Ana South of First |
| netOperatingIncome: | 71703 |
| newConstructionYN: | no |
| newTaxesExpense: | 21356 |
| numberOfBuildings: | 1 |
| numberOfSeparateElectricMeters: | 5 |
| numberOfSeparateGasMeters: | 5 |
| numberOfSeparateWaterMeters: | 1 |
| numberOfUnitsTotal: | 4 |
| operatingExpense: | 22376 |
| parcelNumber: | 41401204 |
| parkingTotal: | 6 |
| poolFeatures: | None |
| poolPrivateYN: | no |
| pricePerUnit: | 466250 |
| professionalManagementExpense: | 300 |
| propertyAttachedYN: | no |
| rentControlYN: | yes |
| seniorCommunityYN: | no |
| sewer: | Public Sewer |
| specialListingConditions: | Standard |
| storiesTotal: | 2 |
| subdivisionNameOther: | n/a |
| taxCensusTract: | 741.06 |
| taxLot: | 9 |
| taxTractNumber: | 6827 |
| totalExpenses: | 22376 |
| trashExpense: | 202 |
| uncoveredSpaces: | 1 |
| waterSewerExpense: | 172 |
| waterSource: | Public |
| yearBuiltSource: | Assessor |
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