Orange, CA 92866,408 W La Veta AVE
Orange, CA 92866,408 W La Veta AVE
Orange, CA 92866,408 W La Veta AVE
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$1,895,000
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8,454 Sqft Lot
New

408 W La Veta AVE Orange, CA 92866

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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25129866

Construction Status Repairs Cosmetic,Updated/Remodeled

HOA Y/N No

Year Built 1965

Lot Size 8,454 Sqft

Property Sub-Type Apartment

Property Description

HUGE 4plex! In the last 30 years in the entire city of Orange, only about a dozen 4plexes have sold that were this size or bigger. What an opportunity! Size does matter in income property - the bigger the units, the more rent you can eventually charge. ** Right now there are only four other 4plexes on the market in the city and their average size is about 3,900. 408 W La Veta is 5,104 SF. ** La Veta sides to a big culdesac. ** The OWNER's unit is huge - about 1,500 SF. Has its own en suite (private bedroom/bathroom) plus full laundry inside near kitchen. Large private front patio outside front door. ** Good old fashioned wood burning fireplace too, in the living room! ** The other 2 bedrooms have a full bathroom in a “Jack and Jill set up, so both bedrooms have private and direct access to a full bath. ** Entire building is electric - so there are no gas bills. ** All 3 other units are townhome styled, so no one is above them. ** Every unit has its own private garage and own water heater. parking: there are 4 individual garages plus 2 open parking spaces. ** Motivated and reasonable seller. Will consider doing a loan "buydown" so that the interest rate is fixed the first year at 4.5% and the second year is 5.5%!! Call for details.

Location

State CA

County Orange

Area Oto - Old Towne Orange

Interior

Heating Electric, Radiant

Cooling None

Fireplaces Type Living Room, Raised Hearth, Wood Burning

Fireplace Yes

Appliance Refrigerator

Laundry Common Area, Washer Hookup, Electric Dryer Hookup, Laundry Closet, Outside

Exterior

Parking Features Assigned

Garage Spaces 4.0

Garage Description 4.0

Fence None

Pool None

Community Features Gutter(s), Street Lights, Sidewalks

View Y/N No

View None

Roof Type Composition

Total Parking Spaces 6

Private Pool No

Building

Lot Description Corner Lot, Cul-De-Sac, Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Repairs Cosmetic,Updated/Remodeled

Others

Senior Community No

Tax ID 39063139

Acceptable Financing Cash, Cash to New Loan, FHA, VA Loan

Listing Terms Cash, Cash to New Loan, FHA, VA Loan

Special Listing Condition Standard


CRMLS – RECore
Listed by Nick Peters Real Brokerage Technologies 310-308-2609

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agent

Jackeline Velasco

Agent | License ID: 01397644

+1(310) 420-6537

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408 W La Veta AVE