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$ 1,950,000
Est. payment | /mo
9 Beds
8 Baths
8,276 Sqft Lot
$ 1,950,000
Est. payment | /mo
9 Beds
8 Baths
8,276 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26088590
Bedrooms 9
Lot Size 8,276 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Well-maintained Pride of Ownership 4-unit property located in the highly desirable City of Orange near Villa Park. The adjacent property at 720 Adele is also available for sale, offering a rare opportunity to acquire a total of 8 units. Properties may be purchased together or separately, with the advantage of conforming financing available for each building. Ideally situated near shopping centers, restaurants, parks, schools, and churches, this property benefits from strong tenant demand in a sought-after rental market. Convenient access to the 55, 5, and 91 freeways makes commuting throughout Orange County simple and efficient. The unit mix includes a spacious front owners unit featuring 3 bedrooms and 2.5 bathrooms with an attached 2-car garage. Two additional units offer 2 bedrooms and 1.5 bathrooms, along with one upstairs unit featuring 2 bedrooms and 1 bathroom. The property includes a total of 6 garages (2 attached, 4 detached), plus additional parking in front of the garages and a recently added parking space in front of the building. Each unit includes washer and dryer hookups, enhancing tenant convenience. The property is currently occupied by long-term, MONTH TO MONTH TENANTS with below-market rents, presenting a significant opportunity for increased income and future upside. Both 720 and 730 Adele share a common driveway, making this an ideal acquisition for a single buyer seeking scale and long-term investment potential.
Location
State CA
County Orange
Zoning Assessor
Direction From 55 Fwy go East on Katella, South on Wanda, East on Collins, South on Adele
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 38317521
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Britt Nelson, DRE#00780177 American Home Realty
Nearby Locations
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Keegan Wetzel
Founder | Naval Academy | OIF Veteran | License ID: 02153342