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Sold for $1,425,000 on 11/04/24
  • Listing Provided by: 

    Tom Gonzalez DRE #01487226 714-726-3007,

    Keller Williams Realty

    $1,425,000

    756 N Shattuck Pl, Orange, CA 92867

    --beds
    --baths
    3,360sqft
    Quadruplex
    Built in 1959
    -- sqft lot
    $1,440,200 Zestimate®
    $424/sqft
    $3,500 Estimated rent

    What's special

    A value-add investment opportunity located in the City of Orange. Each of the four units features 2 bedrooms and 1 baths, totaling 3,360 square feet." Property Overview: Given the property's location in the City of Orange, surrounded by multi-unit properties, residential homes, and retail stores, it seems well-positioned for rental income and property appreciation. Here are some factors to consider: Rental Income Potential High Demand for Rentals: Proximity to retail stores and residential areas often indicates a higher demand for rental properties. Tenants often prefer locations with easy access to shopping, dining, and other amenities. Rental Rates: Research the current rental rates in the area for similar properties. This will give you a good idea of the potential income you can generate. Occupancy Rates: Check the occupancy rates of similar properties in the vicinity. High occupancy rates are a positive indicator of strong rental demand. Property Appreciation Potential Location: The City of Orange is known for its charming neighborhoods and historic districts, which can contribute to property value appreciation over time.

    Zillow last checked: 7 hours ago

    Listing updated: December 13, 2024 at 11:14am

    Listing Provided by:

    Tom Gonzalez DRE #01487226 714-726-3007,

    Keller Williams Realty

    Bought with:

    Ali Jahanshahi, DRE #01712904

    Keller Williams Realty N. Tustin

    Source: CRMLS,MLS#: PW24163383MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Washer Hookup, Inside
    Features
    • All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: Bath, Family Room, Gas, Kitchen, Primary Bedroom, None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,360
    • Total interior livable area: 3,360 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Carport
    • Carport spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 8,134 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 38630207
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Sewer: Sewer Tap Paid
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Curbs
    Location
    • Region: Orange

    HOA & financial

    Other financial information
    • Total actual rent: 6715

    Other

    Other facts
    • Listing terms: 1031 Exchange
    Services availability
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    Estimated market value

    $1,440,200