850 N Kathleen Lane, Orange, CA 92867

List Price
$2,050,000
Status
PENDING
MLS#
PW25115248
Year Built
1969
Lot Size
8,939
Acres
0.21
Lot Location
2-5 Units/Acre, Sprinklers In Front, Sprinklers Timer, Sprinklers On Side, Sprinkler System, Walkstreet, Yard
Days on Market
19
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels
Neighborhood
123

Property Description

We are proud to present the Kathleen Townhomes, a pride of ownership, turn key fourplex in the City of Orange, on the Villa Park Border. The subject property boasts a spacious layout of 4415 rentable square feet on an expansive 8939 square feet corner lot. The Kathleen Townhome posses a superior unit mix including: 1-(3+2.5) townhome w/ fireplace, W/D hookups, attached two car garage with direct access, large private yard; 2-(2+2.5) townhomes with expansive private yards; and 1-(2+2) walk up apartment with a private patio. All units are separately metered for gas and electric and have central heat and wall AC's in most rooms. For optimal landlord cash flow, all the tenants are on RUBS (ratio utility bill back system) and there is a common laundry room providing additional income.

Additional Information

Appliances
Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Water Heater
Pool Description
None
Fireplace Description
Family Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air, Wall/Window Unit(s)
Roof
Spanish Tile, Tile
Garage Spaces Total
4
Sewer
Sewer Tap Paid
Water
Public
Interior Features
Ceiling Fan(s), Recessed Lighting
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$133,500
Operating Expense
32970

Listing courtesy of Listing Agent: Brad New (Brad@vanguardproperty.com) from Listing Office: Vanguard Property Group.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.