2726 W Orion Avenue

  • $$1,890,000
  • 4,553 Sq Ft

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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 and 3 offer 2bed/2bath, while unit 4 showcases 2bed/1bath. The landlord is only responsible for exterior lights, water, trash, and landscaping. Convert the laundry …

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 and 3 offer 2bed/2bath, 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.

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Listing Details

Price:$$1,890,000
Address:2726 W Orion Avenue
City:Santa Ana
State:California
Zip Code:92704
Subdivision:Other (OTHR)
MLS:OC22075020
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:2
elevationUnits:Feet
garageSpaces:5
grossScheduledIncome:98280
insuranceExpense:2250
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:95304
newConstructionYN:no
numberOfBuildings:1
numberOfSeparateElectricMeters:5
numberOfSeparateGasMeters:5
numberOfSeparateWaterMeters:1
numberOfUnitsTotal:4
operatingExpense:2976
otherExpense:150
otherExpenseDescription:Gardener
parcelNumber:41401202
parkingTotal:6
poolFeatures:None
poolPrivateYN:no
pricePerUnit:472500
propertyAttachedYN:no
rentControlYN:yes
seniorCommunityYN:no
sewer:Public Sewer
specialListingConditions:Standard
storiesTotal:2
subdivisionNameOther:n/a
taxCensusTract:741.06
taxLot:7
taxTractNumber:6827
totalExpenses:2976
trashExpense:280
uncoveredSpaces:1
waterSewerExpense:296
waterSource:Public
yearBuiltSource:Assessor
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