120 W Mayfair Avenue

    Orange, CA 92867
    • $949,000
    • STATUS: Active
    • ON SITE: 38 days
    • ID#: OC19009615
    UPDATED: 19 min ago
    $949,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,341
      SQFT
    • $405
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    This four unit complex is a few blocks from Old Historic town of Orange, Chapman University, and close to the 55, 57, 22, and 5. The kitchens and baths in the units have been remodeled kitchen. There are new windows & a new roof. All units have a patio, are one story, and have a high ceiling with one master + bath. Bathrooms and kitchen have granite counter top. The units have five storage spaces and five parking spaces in the back. One of the storage spaces has a washer and dryer hookup for the tenants to use. This is a really great investment opportunity. Because of the rapid expansion of Chapman University (ranked #5 in Regional Universities West), the area is and will continue to increase in value. Come take a look!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-21T13:34:41.95. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/90826942

    120 W Mayfair Avenue Orange, CA 92867

    • Price: $949,000
    • Status: Active
    • Updated: 19 min ago
    • ID#: OC19009615
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    2,341
    SQFT
    $405
    $/SQFT
    1960
    Built
    Neighborhood:
    OTO - Old Towne Orange
    County:
    Orange
    Area:
    OTO - Old Towne Orange
    Property Description
    This four unit complex is a few blocks from Old Historic town of Orange, Chapman University, and close to the 55, 57, 22, and 5. The kitchens and baths in the units have been remodeled kitchen. There are new windows & a new roof. All units have a patio, are one story, and have a high ceiling with one master + bath. Bathrooms and kitchen have granite counter top. The units have five storage spaces and five parking spaces in the back. One of the storage spaces has a washer and dryer hookup for the tenants to use. This is a really great investment opportunity. Because of the rapid expansion of Chapman University (ranked #5 in Regional Universities West), the area is and will continue to increase in value. Come take a look!
    Exterior Features

    Garage Spaces 0.00 Lot Features Level With StreetPatio HomeWalkstreet Lot Size Source Assessor Lot Size Units Square Feet Parking Features CarportCarport AttachedDriveway - Asphalt Parking Total 0.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved

    Interior Features

    Appliances Gas OvenGas RangeGas StoveGas Water Heater Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area 600 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Wall Window Cooling YN Yes Flooring Tile Heating Wall Heater Heating YN Yes Interior Features Built-InsCeiling FanGranite CountersOpen Floor Plan Laundry Features Area Levels One Room Type All Bedrooms DownEntryFamily RoomKitchenMain Floor Master Bedroom

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Street Lighting Country Us Electric Expense 360.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 60000.00 Gross Scheduled Income 60000.00 Insurance Expense 1200.00 Land Lease YN No Laundry YN Yes Net Operating Income 45490.00 New Construction YN No New Taxes Expense 10500.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Number Wall AC 4 Number With Carpet 4 Number With Dishwasher 0 Number With Disposal 4 Number With Drapes 4 Number With Patio 4 Number With Range 4 Number With Refrigerator 4 Operating Expense 14510.00 Operating Expense Percent 24.00 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGardenerGasParking FeeRepairsSewer Total Actual Rent 5000.00 Total Expenses 14510.00 Trash Expense 650.00 Water Sewer Expense 1800.00 Water Source Public Year Built Source Assessor Zoning Rm7

    Listing provided courtesy of Mina Pourang of Better Loans & Homes Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-21T13:34:41.95. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Heller The Home Seller
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024