253 S Lemon Street, Orange, CA 92866
- $3,110,000
- Sold Price
- $3,110,000
- List Price
- $3,750,000
- Closing Date
- Apr 09, 2025
- Status
- CLOSED
- MLS#
- OC24205368
- Year Built
- 1924
- Lot Size
- 8,303
- Acres
- 0.19
- Lot Location
- 36-40 Units/Acre, Street Level
- Days on Market
- 53
- Property Type
- Multifamily
- Property Sub Type
- Apartment
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.
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Additional Information
- Pool Description
- None
- Sewer
- Sewer Assessment(s)
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 12
- Gross Scheduled Income
- $260,076
- Operating Expense
- 92823
Listing courtesy of Listing Agent: Mike Marcu (mike@mogharebi.com) from Listing Office: Mike Marcu, Broker.
Listing sold by Randall Mycorn from R L M Equities
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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.