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1940 E Wilson Ave
Orange, CA 92867 Orange

$2,495,000

Apartments For Sale  •  8,326 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 8,326 Sq Ft
  • Lot Size 0.26 ac
  • Building Class C
  • Year Built 1961
  • Cap Rate 4.26 %
39 Transit Score
77 Walk Score

Description

Alliance Investment Real Estate Group in pleased to present this well maintained, 10 unit multifamily investment opportunity in the city of Orange.  Half of the units have been renovated and the exterior of the property was just painted along with the installation of new garage doors and a new main gas line.  The property is located in a quiet cul-de-sac with private backyards for all of the downstairs units.  Approximately 50% of the windows are newer and about 50% of the roof was just replaced.  Amenities include garages, an on-site laundry room and a courtyard for tenants to enjoy.

Highlights

Great Cul-Dec-Sac Rental Location! UPSIDE IN RENTS!
Garages / On-site Laundry Room
Private backyards for Downstairs Units
50% Newer Windows and Roof
Building Exterior Just Painted with New Garage Doors
Freeway and Shopping Adjacent

Financial Summary

Cap Rate: 4.26 %

Amenities

  • Laundry Facilities

Public Transportation

Commuter RailDriveWalkDistance
Orange Commuter Rail (Orange County, Inland Empire-Orange County Lines) 6 min - 2.9 mi
Anaheim Commuter Rail (Orange County Line) 8 min - 3.4 mi
AirportDriveWalkDistance
John Wayne Airport 17 min - 10.8 mi
Long Beach-Daugherty Field Airport 30 min - 23.8 mi
Ontario International Airport 45 min - 33.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Covered
Included in Rent: Yes
Ruben Khorsandi 949-250-0400 Alliance Investment Real Estate Group
Ruben Khorsandi 949-250-0400 Alliance Investment Real Estate Group