$1,695,000 Price Analysis    ♡   Orange, CA 92865 9 bed 8 bath 4,480 SqFt ($378/SqFt) 7,841SqFt lot. Built 1968 Listed 2024-04-27, Taxes $8,661 | Ⓧ USDA Ineligible due to price & location near Orange |
A fantastic investment opportunity located in Orange at 2075 N Highland Street.
A 4-unit Spanish style design featuring one three-bedroom two baths and three two-bedroom two bath units. Each home has balconies or yards. There are 4 garages plus a guest parking space. The primary bedrooms have their own bath. Large living area open to a dining area and kitchen.
Sliding glass doors out to the patio/balconies. Separate laundry room for additional income. Walking distance to shopping, including Target, Home Depot and public transportation. Villa Park schools. Opn floorplans make these units easy to rent. Located on a corner lot at the end of a cul-de-sac, which provides additional parking. Ask about owner financing.
Presented by Al Ricci at
RICCI REALTY.
Property MLS #PW24083874 from CRMLS
Bedrooms: 9
Balcony
Ceiling Fan(s)
Formica Counters
Unfurnished
Door Features: Sliding Doors
Flooring: Carpet, Laminate, Vinyl
Window Features: Blinds, Drapes, Screens
Ceiling Fan(s)
Formica Counters
Unfurnished
Door Features: Sliding Doors
Flooring: Carpet, Laminate, Vinyl
Window Features: Blinds, Drapes, Screens
Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Gas Oven, Microwave, Range Hood, Water Heater Central
Appliances YN: Yes
Laundry Features: Common Area, Community, Gas Dryer Hookup, Individual Room, Outside, Washer Hookup
Appliances YN: Yes
Laundry Features: Common Area, Community, Gas Dryer Hookup, Individual Room, Outside, Washer Hookup
Den, Family Room, Kitchen, Living Room
Cooling Features: Wall/Window Unit(s)
Heating Features: Central, Natural Gas
Heating: Yes
Heating Features: Central, Natural Gas
Heating: Yes
Full Bathrooms: 8
Balcony
Rain Gutters
Fencing: Fence YN: Yes, Fencing: Wood
Road Frontage Type: City Street
Road Surface Type: Alley Paved, Paved
Rain Gutters
Fencing: Fence YN: Yes, Fencing: Wood
Road Frontage Type: City Street
Road Surface Type: Alley Paved, Paved
Carport Spaces: 1
Garage Spaces: 4
Parking Features: Parking YN: Yes, Parking Features: Carport, Garage, Garage Faces Rear, No Driveway
Parking Total: 6
Garage Spaces: 4
Parking Features: Parking YN: Yes, Parking Features: Carport, Garage, Garage Faces Rear, No Driveway
Parking Total: 6
Lot Description: Lawn, Sprinkler System
Lot Size Acres: 0.1800046
Lot Size Source: Assessor
Lot Size Square Feet: 7841
Lot Size Acres: 0.1800046
Lot Size Source: Assessor
Lot Size Square Feet: 7841
Number of Units: 4
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 2
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 2
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Calculated Total Monthly Association Fees: 0
Gardener Expense: 1200.00
Gardener Expense: 1200.00
Number of Units Leased: 4
Tenant Pays: Electricity, Gas
Vacancy Allowance: 2858
Rent Control: Yes
Tenant Pays: Electricity, Gas
Vacancy Allowance: 2858
Rent Control: Yes
Community Features: Street Lights, Suburban
Source Listing Status: Active
County: Orange
Cap Rate: 3.10
Source Property Type: Residential Income
Exclusions: All Tenants Personal Property
Insurance Expense: 9600.00
Area: 72 - Orange & Garden Grove, E of Harbor, N of 22 F
Source Neighborhood: Other (OTHR)
New Taxes Expense: 18645.00
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 37213213
Postal Code Plus 4: 4035
Subdivision: Other (OTHR)
Trash Expense: 2820.00
Walk Score: 64
Source System Name: C2C
County: Orange
Cap Rate: 3.10
Source Property Type: Residential Income
Exclusions: All Tenants Personal Property
Insurance Expense: 9600.00
Area: 72 - Orange & Garden Grove, E of Harbor, N of 22 F
Source Neighborhood: Other (OTHR)
New Taxes Expense: 18645.00
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 37213213
Postal Code Plus 4: 4035
Subdivision: Other (OTHR)
Trash Expense: 2820.00
Walk Score: 64
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $217,680 + $507,021 $724,701 | $8,661 |
| 2021 | $213,412 + $497,080 $710,492 | $8,429 |
| 2020 | $211,224 + $491,983 $703,207 | $8,350 |
| 2019 | $207,083 + $482,336 $689,419 | $8,252 |
| 2018 | $203,023 + $472,878 $675,901 | $8,128 |
| 2017 | $199,043 + $463,606 $662,649 | $7,806 |
| 2016 | $195,141 + $454,515 $649,656 | $7,660 |
| 2015 | $192,210 + $447,688 $639,898 | $7,548 |
| 2014 | $188,445 + $438,919 $627,364 | $7,388 |
| 2013 | $187,594 + $436,935 $624,529 | $7,365 |
| 2012 | $183,916 + $428,368 $612,284 | $7,193 |
| 2011 | $180,310 + $419,969 $600,279 | $6,988 |
| 2010 | $178,963 + $416,830 $595,793 | $6,877 |
| 2009 | $179,389 + $417,821 $597,210 | $6,807 |
| 2008 | $175,872 + $409,628 $585,500 | $6,602 |
| 2007 | $172,424 + $401,596 $574,020 | $6,439 |
Listed 2024-04-27
$1,695,000
CRMLS
Sold 2002-08-07
$531,000
Public Record
Sold 1988-03-02
$346,000
Public Record
Sold 1981-02-27
$71,000
Public Record
$1,695,000
CRMLS
Sold 2002-08-07
$531,000
Public Record
Sold 1988-03-02
$346,000
Public Record
Sold 1981-02-27
$71,000
Public Record
Net Operating Income: 53115.00
Total Square Feet Living: 4480
Year Built: 1968
Building Features: 1
Common Walls: 2+ Common Walls
Construction Materials: Drywall Walls, Stucco
Direction Faces: West
Entry Level: 1
Entry Location: 1
Foundation Details: Slab
Property Age: 56
Property Attached: Yes
Roof: Spanish Tile
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
House Style: Spanish
Year Built Source: Assessor
Year Built: 1968
Building Features: 1
Common Walls: 2+ Common Walls
Construction Materials: Drywall Walls, Stucco
Direction Faces: West
Entry Level: 1
Entry Location: 1
Foundation Details: Slab
Property Age: 56
Property Attached: Yes
Roof: Spanish Tile
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
House Style: Spanish
Year Built Source: Assessor
Electric: Standard
Electric Expense: 1800.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 5400.00
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public
Electric Expense: 1800.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 5400.00
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public
Taft Elementary School is a public elementary school located approximately 0.7 miles away.
Map directions
Map directionsCerro Villa Middle School is a public middle school located approximately 0.8 miles away.
Map directions
Map directionsVilla Park High School is a public high school located approximately 0.9 miles away.
Map directions
Map directionsIndependence Christian School is a private elementary and middle school located approximately 0.1 miles away.
Map directions
Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.