$2,895,000
8 one-bed, one-bath townhomes in the Old Towne Orange Area, right next to Hart Park. This is a fantastic Value-Add opportunity to have an 8-plex in a city without local rent control ordinances. The eight units are spread across three buildings on one lot, with two separate garage areas that house eight cars and six uncovered striped parking spots. There is a community laundry room with an electric coin-op washer/dryer. A few units have a fantastic view overlooking Hart Park and a commuter's dream of being next to public transit and the 22 Freeway. All the units have a similar layout with a living area and attached kitchenette on the ground level, while upstairs, you have a bedroom with an attached full bathroom. South Grand St is a walking pathway between Hart Park and the Old Towne Orange Plaza. Long time owner and long term tenants, all on month to month leases.
Listed by Albert Ricci with Ricci Realty (714) 633-3600
Property Type
Townhouse
Status
Active
MLS Number
PW26163763
Year Built
1963
Lot Size
0.29 acres
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