705 E Walnut AVE Orange, CA 92867
Sale
$1,300,000
2 Units
4 Beds
2 Baths
1,888 Area(sq.ft.)
6,098 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 2,800 | $ 2,800 | $ 3,200 |
| Unit 2 | 1 | 2 | 1 | No | $ 2,600 | $ 2,600 | $ 3,200 |
| 2 | 2 | 4 | 2 | $ 5,400 | $ 5,400 | $ 6,400 |
| MLS #: | PW24069273MR |
| Days On Market: | 1 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 689 |
| Price per unit: | $ 650,000 |
| Year Built: | 1927 |
Property Details
Welcome to 705 E. Walnut Avenue, a Single Level Duplex Located Just Blocks from Chapman University and Old Town Orange. Each Unit is Two Bedroom/One Bathroom and approximately 944 Square Feet. Conveniently Located Indoor Laundry for Each Unit. Each Unit Has a Large Yard Showcasing Water Saving Landscaping and Automatic Sprinkler System. One Detached Three Car Garage Along With Three Additional Driveway Parking Spaces. Each Unit Has Separate Electric Meters. This is the Perfect Investment Property Given the Proximity to Chapman University, Old Town Orange, Orange Train Station, and Freeway Access. Do Not Miss Out on 705 E. Walnut Avenue! The Home Is Drive By Only For The Time Being.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Gross Operating Income: | $ 62,856 |
| Total Annual Expense: | $ 17,429 |
| Net Operating Income: | $ 42,742 |
| Cap Rate: | 3.3% |
| Actual Gross Rent: | $ 64,800 |
Structure
| Community Features: | Curbs, Sidewalks |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
Interior
| AC/Cooling: | Central |
| Heating: | Central |
| Fireplace Rooms: | None |
| Laundry: | In Kitchen, Inside |
Exterior
| Pool: | No |
Detailed Map
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