$3,200,000
181-189 Waverly Street
Orange, CA 92866
1924
Year Built
Orange
County
MultiFamily
Property Type
About this home
Trophy 5 unit apartment community in the heart of Olde Town Orange. Completely re-constructed down the studs with City of Orange plans in 2021-22 (all new systems including electric, plumbing, sewer, insulation, roof, interiors with fantastic finishes). This 5 unit apartment in situated in a SFR neighborhood and will never be entitled again. The apartment community is walking distance to Chapman and Olde Town Orange. Built for the long term and cash flow. Low maintenance property. The front craftsman house has 3 bedrooms and 2 full bathrooms. Attached to the front house are two 1 bedroom/1 bathroom apartments. In a separate building in the back, there are two 1 bedroom, 1 bathroom apartments. There also exists a detached 2 car garage that includes seller owned laundry (coinless). This is a super unique property as the property itself wraps around the corner neighbor's home giving access to Maple and a community area that includes a hot tub, dining table, chaise lounge chairs. The community area is screened and lit with overhead lights making it an awesome tenant amenity. Mills Act possible for property tax savings and greater cash flow.
Property Details
Architecture
Features & Amenities
Property Features
Community
Tax & Financial
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Mortgage Estimate
$17,032/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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