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    1940 E Wilson Ave

    Orange, CA 92867
    • $2,499,995
    • STATUS: Active
    • ON SITE: 19 days
    • MLS #: 21-691412
    UPDATED: 25 min ago
    $2,499,995
    • 10
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,326
      SQFT
    • $300
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    Wonderful oppportunity in Orange. 10 units at the end of a cul-de-sac located in the heart of the City of Orange. Built in 1961, 1940 E. Wilson Avenue features a 2-story apartment building sitting on a 11,326 sq. ft. lot with 7,275 sq. ft. of rentable space. Each unit is 1 bed / 1 bath, ranging from 675-775 sq. ft. This property has been professionally managed and updated. The units are individually metered for both gas and electricity, and the building features 14 parking spots, as well as income-producing laundry facilities. Tenants enjoy easy access to the 55 freeway, public transportation, shopping, restaurants, and a variety of other local amenities. This opportunity is ideal for the investor looking for an easy-to-manage property in the reliable Orange County rental market, with steady, increasing rents.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-03T15:42:59.793. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.jelmbergteam.com/homes/114179193
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    1940 E Wilson Ave Orange, CA 92867

    • Price: $2,499,995
    • Status: Active
    • Updated: 25 min ago
    • MLS #: 21-691412
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    8,326
    SQFT
    $300
    $/SQFT
    1961
    Built
    Neighborhood:
    Old Towne Orange
    County:
    Orange
    Area:
    Old Towne Orange
    Property Description
    Wonderful oppportunity in Orange. 10 units at the end of a cul-de-sac located in the heart of the City of Orange. Built in 1961, 1940 E. Wilson Avenue features a 2-story apartment building sitting on a 11,326 sq. ft. lot with 7,275 sq. ft. of rentable space. Each unit is 1 bed / 1 bath, ranging from 675-775 sq. ft. This property has been professionally managed and updated. The units are individually metered for both gas and electricity, and the building features 14 parking spots, as well as income-producing laundry facilities. Tenants enjoy easy access to the 55 freeway, public transportation, shopping, restaurants, and a variety of other local amenities. This opportunity is ideal for the investor looking for an easy-to-manage property in the reliable Orange County rental market, with steady, increasing rents.
    Exterior Features

    Lot Size Area 11326 Other Structures None Parking Garage GarageAssigned Style Low Rise Total Parking 14

    Interior Features

    Baths Total 10.00 Common Walls Attached Cooling None Equipment Range/OvenCeiling Fan Heating Wall

    Property Features

    Assessed Total Value 1379351 Gross Income 182000 Gross Operating Income 182000 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 127400.00 Number Of Buildings 1 Number Of Units 10 Sale Type Standard Source Living Area Owner Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Total Annual Expense 54600 Type Of Units 1 Bed / 1 Ba Year Built Source Assessor

    Listing provided courtesy of Brad Keyes DRE#01857106 of Keyes Real Estate.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-03T15:42:59.793. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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