2032 N Lincoln Street

    Orange, CA 92865
    • $1,321,000
    • STATUS: Closed
    • ON SITE: 116 days
    • ID#: PW19121388
    Sold - 07/23/2019
    $1,321,000
    SOLD - 07/23/2019
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,926
      SQFT
    • $336
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1969
    County:

    School Ratings & Info

    Description

    Very well maintained Covington Style Fourplex located in beautiful, low turnover neighborhood. Located near 55 freeway, and steps away from the popular mall The Village at Orange. Shop and Discover where top-tier brands and boutiques converge with an array of exclusive restaurants in the heart of OC. They feature all-in-one retailers such as Sears and Walmart, to specialty shops. For satisfying that food craving, The Village at Orange deliversan exciting food and restaurant lineup +GG from The Habit BurgerGrill, Buffalo Wild Wings, Noodles & Company, and many more.

    Sold by Michael Lembeck of Citivest Realty Services, Inc.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-18T16:39:42.587. 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 or Heller The Home Seller | Keller Williams Realty. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/95189218

    2032 N Lincoln Street Orange, CA 92865

    • Price: $1,300,000
    • Status: Closed
    • Updated: 71 min ago
    • ID#: PW19121388
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    3,926
    SQFT
    $336
    $/SQFT
    1969
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    72 - Orange & Garden Grove, E of Harbor, N of 22 F
    Property Description
    Very well maintained Covington Style Fourplex located in beautiful, low turnover neighborhood. Located near 55 freeway, and steps away from the popular mall The Village at Orange. Shop and Discover where top-tier brands and boutiques converge with an array of exclusive restaurants in the heart of OC. They feature all-in-one retailers such as Sears and Walmart, to specialty shops. For satisfying that food craving, The Village at Orange deliversan exciting food and restaurant lineup +GG from The Habit BurgerGrill, Buffalo Wild Wings, Noodles & Company, and many more.
    Exterior Features

    Garage Spaces 4.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 7.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View Neighborhood View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Fireplace Features Living Room Fireplace YN Yes Heating Central Heating YN Yes Laundry Features Community Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 3.50 Community Features CurbsSidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 76266.00 Gross Multiplier 16.20 Gross Operating Income 76266.00 Gross Scheduled Income 80280.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 45760.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 30506.00 Operating Expense Percent 40.00 Other Expense 30506.00 Other Expense Description 40% Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Other Total Actual Rent 6690.00 Total Expenses 30506.00 Trash Expense 0.00 Vacancy Allowance 4014 Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records

    Listing provided courtesy of Timothy Gorman of Gorman & Associates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-18T16:39:42.587. 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 or Heller The Home Seller | Keller Williams Realty. Licensed in the State of California, USA.
     
    Heller The Home Seller | Keller Williams Realty
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024