2562 N Bourbon Street, Orange, CA 92865

$1,750,000

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Sold Price
$1,750,000
List Price
$1,785,000
Closing Date
Jul 21, 2025
Status
CLOSED
MLS#
PW25088225
Year Built
1965
Lot Size
6,757
Acres
0.16
Lot Location
Landscaped, Street Level
Days on Market
61
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels
Neighborhood
Unknwon

Property Description

2562 N. Bourbon Street, an exceptional opportunity to acquire a well-maintained four-unit multifamily property, ideally located in the vibrant city of Orange. THIS PROEPRTY IS FEE SIMPLE, NOT A LAND LEASE. Built in 1968, this income-producing asset features a desirable mix of spacious 2 and 3 bedroom units, each averaging over 1,100 square feet — offering tenants comfortable, home-like living in a highly sought-after rental market. Some of the property amenities include an onsite laundry facility, patios/balconies, and wall A/C. Perfectly situated near popular retail centers, restaurants, schools, and churches, the property enjoys strong local demand and tenant appeal. Commuters will appreciate the convenient access to the 55, 5, and 91 Freeways, making travel throughout Orange County and beyond a breeze. This is an ideal opportunity for investors seeking steady cash flow, future upside potential, and pride of ownership in a prime location. With a highly motivated seller, this property won't last long.

Additional Information

Taxes
$19,561
Pool Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$103,020
Operating Expense
35577

Listing courtesy of Listing Agent: Rick Applebaum (rma@morganskenderian.com) from Listing Office: Morgan Skenderian.

Listing sold by Ronda Smith from BHHS CA Properties

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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.