Investment highlight
- Excellent location surrounded by Single Family Homes
- Shared 2 car garages
- Community Laundry Room with most tenants enjoying in unit hook ups
executive summary
Batavia Street, an 8 unit multifamily property located in the City of Orange. Each bungalow features 2 bedrooms, 1 bathroom, private yard space, and approximately 830 SF of living space. This rare property sits on a 23,552 square foot lot featuring a community laundry area and separately metered units for gas and electricity. The subject property offers significant rental upside and the ability to dramatically increase cash flow. Tenants enjoy close proximity to Chapman University, Main Place Mall, CHOC, Orange Circle, and El Camino Park.
property facts
| Price | $3,495,000 | Building Class | C |
| Price Per Unit | $436,875 | Lot Size | 0.54 AC |
| Sale Type | Investment | Building Size | 6,640 SF |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1952 |
| Property Subtype | Apartment | Parking Ratio | 1.2/1,000 SF |
| Apartment Style | Garden |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | $1,715 | – |
