312 E Meats, Orange, CA 92865
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312 E Meats, Orange, CA 92865
312 E Meats, Orange, CA 92865
312 E Meats, Orange, CA 92865
312 E Meats, Orange, CA 92865
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312 E Meats Orange, CA 92865

9,147 Sqft Lot


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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26145340

HOA Y/N No

Year Built 1973

Lot Size 9,147 Sqft

Property Sub-Type Triplex

Property Description

Investment Opportunity in the Heart of Orange. A rare value-add opportunity for investors: this triplex is priced to reflect two known capital items: a repipe and a new roof over the garage only (with estimates available). Complete the work and step into equity upside. Additional equity opportunity with further renovations. The property is comprised of one 3-bedroom, 2-bath unit and two 2-bedroom, 1-bath units, occupied by long-term tenants in a highly desirable rental pocket. Parking onsite including three garage spaces (2-car and a 1-car), plus an on-site laundry room offering additional income potential. Location is unbeatable: just down the street from Chapman University, the Orange Circle, and all the offerings of Old Town Orange--shops, dining, and services. Got a train to catch? Orange Transportation Center (OTO) is located just 2.7 miles away and the Anaheim Canyon Station is only 3.3 miles out — plus easy access to local freeways. This is a well-located, income-producing asset with a clear path to added value.

Location

State CA

County Orange

Area Oto - Old Towne Orange

Interior

Interior Features All Bedrooms Down

Fireplaces Type Wood Burning

Fireplace Yes

Appliance Disposal

Laundry Common Area

Exterior

Parking Features Asphalt, Garage, Paved

Garage Spaces 3.0

Garage Description 3.0

Fence Block

Pool None

Community Features Suburban, Sidewalks

View Y/N No

View None

Roof Type Composition

Accessibility No Stairs

Total Parking Spaces 3

Private Pool No

Building

Lot Description Corner Lot

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 37443106

Energy Description 1116.0

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard, Trust


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Listed by Marc Smith Freedom First Properties marc@freedomfirstproperties.com, DRE #01956931

Nearby Locations

Anna Taylor

Anna Taylor

Agent | License ID: 02115281

+1(562) 275-1710

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312 E Meats