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Status

Active

Orange

646 S Grand Street

About This Property

8 one-bed, one-bath townhomes in the Old Towne Orange Area, right next to Hart Park. This is a fantastic Value-Add opportunity to have an 8-plex in a city without local rent control ordinances. The eight units are spread across three buildings on one lot, with two separate garage areas that house eight cars and six uncovered striped parking spots. There is a community laundry room with an electric coin-op washer/dryer. A few units have a fantastic view overlooking Hart Park and a commuter's dream of being next to public transit and the 22 Freeway. All the units have a similar layout with a living area and attached kitchenette on the ground level, while upstairs, you have a bedroom with an attached full bathroom. South Grand St is a walking pathway between Hart Park and the Old Towne Orange Plaza. Long time owner and long term tenants, all on month to month leases.

Neighborhood

This property is located in Orange. Want to learn more about the area?

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Listing courtesy of Ricci Realty

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$2,895,000

Est. Monthly Payment

$18,499/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Albert Ricci

Ricci Realty