8,276 Sqft Lot
8,276 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Unknown
MLS Listing ID OC26088590
HOA Y/N No
Year Built 1971
Annual Tax Amount $8,962
Lot Size 8,276 Sqft
Property Sub-Type Quadruplex
Property Description
Ideally situated near shopping centers, restaurants, parks, schools, and churches, this property benefits from strong tenant demand in a sought-after rental market. Convenient access to the 55, 5, and 91 freeways makes commuting throughout Orange County simple and efficient.
The unit mix includes a spacious front owner's unit featuring 3 bedrooms and 2.5 bathrooms with an attached 2-car garage. Two additional units offer 2 bedrooms and 1.5 bathrooms, along with one upstairs unit featuring 2 bedrooms and 1 bathroom. The property includes a total of 6 garages (2 attached, 4 detached), plus additional parking in front of the garages and a recently added parking space in front of the building.
Each unit includes washer and dryer hookups, enhancing tenant convenience. The property is currently occupied by long-term, MONTH TO MONTH TENANTS with below-market rents, presenting a significant opportunity for increased income and future upside.
Both 720 and 730 Adele share a common driveway, making this an ideal acquisition for a single buyer seeking scale and long-term investment potential. Seller will cooperate with a 1031 exchange.
Location
State CA
County Orange
Area 75 - Orange, Orange Park Acres E Of 55
Interior
Heating Central, Natural Gas, Wall Furnace
Cooling Electric, Wall/Window Unit(s)
Fireplaces Type Living Room
Fireplace Yes
Appliance Gas Cooktop, Disposal, Gas Oven
Laundry Washer Hookup, Gas Dryer Hookup, Inside
Exterior
Parking Features Assigned, Door-Multi, Door-Single, Garage, Garage Door Opener
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Biking, Park, Street Lights, Suburban, Sidewalks
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 7
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Sprinklers In Front, Sprinklers Timer, Sprinkler System
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 38317521
Energy Description 300.0
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Fannie Mae
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Fannie Mae
Special Listing Condition Trust
Nearby Locations
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