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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$1,395,000

Est. payment - /mo

7,840 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Park 72 (Pk72)

MLS Listing ID PW25235407

HOA Y/N No

Year Built 1960

Lot Size 7,840 Sqft

Property Sub-Type Triplex

Property Description

**Great Investment Opportunity!**
This triplex features two buildings and is located near the 57 and 5 freeways, just a 15-minute drive from Little Saigon, at the corner of Chapman Avenue and Main Street. The property is situated in a prime area, close to schools, hospitals, busy commercial centers, restaurants, markets, and a police station, making it both safe and convenient.
The triplex consists of two separate buildings, divided by a three-car garage. The front building is unit #148, while the back building contains units #152 and #156. Each unit includes 2 bedrooms, 1 bathroom, a garage, and an additional parking space. There are separate front and back yards, allowing tenants the option to plant fruit trees, create vegetable gardens, or establish flower beds as they desire. Tenants are responsible for their own utilities.
Currently, the units are rented at lower rates since the tenants have been there for many years, consistently paying their rent on time and causing no issues for the landlord. As a result, the landlord has not raised the rent to match current market prices. The tenants are reliable and wish to remain; they are willing to sign a new long-term lease.
This property is a must-see!

Location

State CA

County Orange

Area 72 - Orange & Garden Grove, E Of Harbor, N Of 22 F

Interior

Interior Features All Bedrooms Down

Flooring Tile

Fireplaces Type Bath, Dining Room, Electric, Gas, Kitchen, Living Room, Outside

Fireplace Yes

Appliance Gas Oven, Gas Range, Gas Water Heater

Laundry Inside

Exterior

Parking Features Garage, One Space

Garage Spaces 3.0

Garage Description 3.0

Fence Wood

Pool None

Community Features Street Lights

Roof Type Asbestos Shingle

Total Parking Spaces 5

Private Pool No

Building

Lot Description Back Yard, Front Yard, Near Public Transit

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 03932114

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Hoa Truong Ana Real Estate 714-622-9988

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148 FIR ST N Orange, CA 92868