733 S Fondren Street, Orange, CA 92868

0 beds 0 baths 6,720 sq.ft.

Offerered at: $1,795,000.00

Project/Tract: Palm Tree Gardens
County: Orange
Year Built: 1963
Association Fees: $300.00/mo.

Property Description

Wonderful investment opportunity for this 4 unit property located in West Orange. This property is comprised of 4 town-home style units, each with 2 bedrooms and 1.5 bathrooms. There are two, 2-car garages at the rear of the building as well as a separate community laundry room with leased coin-operated washer & dryer. Income from laundry room is approximately $250-$300 per quarter. Rear fenced patios provide additional outdoor space for your tenants. No balconies to worry about here! This quadruplex is located within the desirable Palm Tree Gardens Community with a total monthly HOA dues of $300 that covers landscape and landscape maintenance, sidewalks and community pool. The exterior of the building has just been painted June 2024. Centrally located to shopping at the Outlets of Orange, freeways, transportation and UCI Medical Center. Landlord has not had a vacancy in over 5 years and these units seldom come on the market for sale so don't miss this rare opportunity!

ESSENTIAL INFO

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