Skip To Content

253 S Lemon Street

Orange, CA 92866
  • $3,750,000
  • STATUS: ACTIVE
  • ON SITE: 37 Days
  • ID#: OC24205368
$3,750,000
  • 2
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

This well located 12-unit apartment building is within walking distance to both Chapman University and Old Town Orange. Presented as a value-add opportunity, all 12 units are two-bedroom one bath townhouse style apartments. Gas and electricity are individually metered while the landlord provides hot and cold water and trash. There is no on-onsite parking and a small ex-carport structure, in the rear of the property, may offer and opportunity to add an ADU to the property. Both buildings have copper plumbing and there is a common laundry room on site. This well located 12-unit apartment building is within walking distance to both Chapman University and Old Town Orange. Presented as a value-add opportunity, all 12 units are two-bedroom one bath townhouse style apartments. Gas and electricity are individually metered while the landlord provides hot and cold water and trash. There is no on-onsite parking and a small ex-carport structure, in the rear of the property, may offer and opportunity to add an ADU to the property. Both buildings have copper plumbing and there is a common laundry room on site.

Monthly Payment Calculator

San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/156303724
Print Image

253 S Lemon Street Orange, CA 92866

  • Price: $3,750,000
  • Status: ACTIVE
  • On Site: 37 Days
  • ID#: OC24205368
2
Beds
0
Baths
0
½ Baths
0.19
Acres
Neighborhood:
Oc - Orange (92866)
County:
Orange
Area:
Oc - Orange (92866)
Property Description
This well located 12-unit apartment building is within walking distance to both Chapman University and Old Town Orange. Presented as a value-add opportunity, all 12 units are two-bedroom one bath townhouse style apartments. Gas and electricity are individually metered while the landlord provides hot and cold water and trash. There is no on-onsite parking and a small ex-carport structure, in the rear of the property, may offer and opportunity to add an ADU to the property. Both buildings have copper plumbing and there is a common laundry room on site. This well located 12-unit apartment building is within walking distance to both Chapman University and Old Town Orange. Presented as a value-add opportunity, all 12 units are two-bedroom one bath townhouse style apartments. Gas and electricity are individually metered while the landlord provides hot and cold water and trash. There is no on-onsite parking and a small ex-carport structure, in the rear of the property, may offer and opportunity to add an ADU to the property. Both buildings have copper plumbing and there is a common laundry room on site.
Exterior Features

Pool N/K Topography Level

Interior Features

Total Baths Unit1 1

Property Features

Actual Cap Rate 4.25 Annual Expense Actual 92823 Buildings 2 Cfd Mello Roos Fee 3077.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 260076 Home Owners Fees 0.0 Monthly Total Fees 256 Tenant Pays ElectricityGas/Propane Terms Cash Unit Number For Unit1 1 Unit1 Rent Actual 1787.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Mike Marcu of Mike Marcu, Broker: 562-260-0940. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
Logo
Red Tree Realty
4138 Napier St.
San Diego CA, 92110