Detailed Introduction Of This Home
Extremely well-maintained and highly upgraded fourplex located in the prime area of East Orange next to Villa Park with easy access to the 55 and 91 freeways. All units are townhome style 2 bedroom and 2 baths measuring approx. 1,000 SF each. Two of the units are 2BD/2BA with a 2-car attached garage and have a spacious patio for entertaining. The other two units are 2BD/1.5BA with a 1-car attached garage and a deck. All units are individually metered for water, gas, and electric and have stable, long-term tenants with strong upside potential in rents. Tenants enjoy individual inside laundry facilities in each unit and their own central heat and A/C. The strategic location is in close proximity to The Village at Orange shopping mall and Old Town and offers residents convenient access to major retailers, grocers, dining, and entertainment options as well as access to employment hubs in surrounding cities. The location is in an area known for its strong tenancy, good rent growth, and historically high occupancy rates Yearly gross scheduled income is excellent while offering room for upside potential in rents. Excellent investment opportunity for new or seasoned investors. Also great for owner occupant!! This is the one you’ve been waiting for! Please note, this property is part of a large ground lease that includes both Residential Units and Retail that expires in 2063.