1026 N Shattuck PL Orange, CA 92867
Sale
$2,025,000
4 Units
2 Beds
2 Baths
3,552 Area(sq.ft.)
7,405 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
Unit 1 | 4 | 2 | 2 | No | $ 10,363 | $ 10,363 | $ 11,200 |
1 | 4 | 8 | 8 | $ 41,452 | $ 41,452 | $ 44,800 |
MLS #: | OC24050289MR |
Days On Market: | 0 |
County: | Orange County |
Property Type: | Residential Income |
Price per ft2: | $ 570 |
Price per unit: | $ 506,250 |
Year Built: | 1963 |
Property Details
1026 North Shattuck Place is a 4-unit multifamily investment property located in Orange, California. Built in 1963, 1026 North Shattuck Place features 4, two-bedroom / two-bath units each measuring appropriately 888 square feet. The property features highly desirable single-story construction with four garage spaces. 1026 North Shattuck Place is situated in close proximity to an abundance of attractive area amenities. Neighborhood retail centers including Tuskatella Center to the north and Palm Center, within walking distance to the south, offer residents convenient access to their everyday needs. The property is located just over one-mile from Chapman University, a major economic and housing driver for the city. Furthermore, residents enjoy easy access to the abundance of retail, dining, and entertainment options in Old Towne Orange. 1026 North Shattuck Place provides residents with easy access to State Route 55, connecting residents to employment hubs throughout Orange County.Interested in this Listing?
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Income Details
Rent Control: | False |
Gross Operating Income: | $ 120,625 |
Total Annual Expense: | $ 35,659 |
Net Operating Income: | $ 84,966 |
Cap Rate: | 4.2% |
Gross Rent Multiplier: | 16.28 |
Structure
Community Features: | Curbs, Gutters, Sidewalks |
Sewer: | Public Sewer |
Water: | Public |
Land & Parking
Land Lease Type: | Fee |
Interior
Laundry: | None |
Exterior
Pool: | No |
Detailed Map
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