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1915 E Grove Ave
Orange, CA 92865
Multifamily Property For Sale
·
4 Units

PROPERTY FACTS
| No. Units | 4 | Building Size | 3,462 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.73/1,000 SF |
| Lot Size | 0.15 AC |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,462 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1963 |
| Parking Ratio | 1.73/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer Hookup
- Patio
ABOUT 1915 E GROVE AVE , ORANGE, CA 92865
PRICE REDUCED FOR QUICK SALE! The Grove Avenue 4-plex apartments present an opportunity to acquire a single story 4-plex with all two bedroom units in a neighborhood surrounded by schools, retail and employment opportunities. The structure is 3,460 square feet featuring four 2 Bedroom 1 Bathroom units along with 4 enclosed garages and two additional open spaces. Each of the apartments have an enclosed patio, combination wall air conditioning and heater unit, washer and dryer hookups, an individual water heater, and a garage parking space. The subject property is within a few blocks of major employment opportunities (Home Depot, Target and Walmart) while schools and freeway access are minutes away as well. The city of Orange has always been a sought after locale for renters, and major retailers continue to open along North Tustin Street which connects with Grove Avenue. The Grove Avenue 4-plex is an ideally located asset and will be for years to come. Cap rate and GRM based on proforma rents.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $1,525 | 865 |
PROPERTY TAXES
| Parcel Number | 372-311-11 | Improvements Assessment | $273,408 |
| Land Assessment | $918,663 | Total Assessment | $1,192,071 |
PROPERTY TAXES
Listing ID: 16473146
Date on Market: 6/28/2019
Last Updated:
Address: 1915 E Grove Ave, Orange, CA 92865
The Orange Multifamily Property at 1915 E Grove Ave, Orange, CA 92865 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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