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Listed by Seven Gables Real Estate, John Muirhead, Heather Vuncanon Listing Contact: 714-501-3783

$3,115,000

875 N Olive ST, Orange CA, 92867

Price per sqftN/A
Built in1993
Property typeMulti-family

Overview

Sold

Listed Feb 20, 2025

Updated 2 weeks ago

This complex has ten (10) 2-bd, 2-ba units all occupied by same tenants for 10+ years. 5 units on each side of complex with common area yard in between the buildings. 3 units upstairs on each side and 2 units downstairs on each side. Downstairs units have private patios and upstairs units have balconies. Some units have minor updates but most are in good condition. Each unit has a 1-car garage and 1 assigned parking spot in parking lot. Two washers and two dryers in common area laundry room are leased and maintained by National Service Company. Current owner pays for gardener, pest control, water and trash services. It is believed the construction is 1993 but buyer should verify year built. With improvements, rents can be increased to market rates which are substantially higher than the current rents, huge upside on this property.

Additional information

MLS® ID
CROC25036781

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.44 Acres

Other Property Details

Garage
Yes

Also listed on CRMLS

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Listed by Seven Gables Real Estate, John Muirhead DRE:00961702, Heather Vuncanon
Listing Contact: 714-501-3783 

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