875 N Olive Street

Orange, CA 92867

  • 0 Bed(s)
  • 0 Bath(s)
  • 9,500 Sqft
  • 19254
    Sqft(Lot)
$2,950,000

Description

This complex has ten (10) 2-bd, 2-ba units all occupied by same tenants for 10+ years. 5 units on each side of complex with common area yard in between the buildings. 3 units upstairs on each side and 2 units downstairs on each side. downstairs units have private patios and upstairs units have balconies. some units have minor updates but most are in good condition. each unit has a 1-car garage and 1 assigned parking spot in parking lot. two washers and two dryers in common area laundry room are leased and maintained by national service company. current owner pays for gardener, pest control, water and trash services. it is believed the construction is 1993 but buyer should verify year built. with improvements, rents can be increased to market rates which are substantially higher than the current rents, huge upside on this property.

  • Property Type

    Residential Income

  • County

    Orange

  • Style

    Residential Income

  • AD ID

    48674515

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Property Appliances: Electric Range,Refrigerator
    • Fireplace: Bath,Dining Room,Kitchen,Living Room
    • Flooring: Carpet

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Forced Air
    • Has Heating

    Fireplace

    • Fireplace Features: Bath,Dining Room,Kitchen,Living Room
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1993
    • Building Area Total: 9,500

    Security Features

    • Carbon Monoxide Detector(s),Smoke Detector(s)

    Accessibility Features

    • Parking

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.442
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 19254

  • Listing Price Information

    • Original List Price: 2,950,000
    • Listing Contract Date: 2025-02-20

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 38643419
    • Annual Tax: 18669

  • Garage and Parking

    • Garage Description: Garage,One Space

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 699 - Not Defined
    • Postal Code Plus 4: 6661
    • Directions: Collins and Glassell
    • Source Property Type: Residential Income
    • Area: 699 - Not Defined
    • Property SubType: Mixed Use

    Building and Construction

    • Property Age: 32
    • Common Walls: 2+ Common Walls
    • Structure Type: Mixed Use
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 02/22/2025 @ 15:39

  • MLS: OC25036781
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 9,500 sqft, 19,254 sized lot, and 10 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Orange , in zip code 92867, this Orange County Home are nearby neighborhoods.