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$ 1,475,000
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Active
2031 W Palmyra AVE Orange, CA 92868
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID NP25080247
HOA Y/N No
Year Built 1964
Lot Size 7,405 Sqft
Property Sub-Type Triplex
Property Description
Presenting West Palmyra Apartments: a prime investment property in a high-demand Orange County rental market. Located within a desirable, low-density suburb of the City of Orange, this asset benefits from exceptional freeway access (5, 22, 57). The property features a well-balanced unit mix of highly rentable one-bedroom townhome-style units and a large three-bedroom single-story residence. All units are currently occupied at excellent rental rates, underscoring strong tenant demand. Key features include in-unit washer/dryer hookups and private enclosed patios, ensuring tenant satisfaction and retention. The inclusion of 3 garage and 2 open parking spaces further enhances the property's appeal. This is an opportunity to acquire a well-maintained, income-producing property in a blue-chip location!
This property can be sold separately or in addition to 2041 W. Palmyra, totaling 6 Units.
This property can be sold separately or in addition to 2041 W. Palmyra, totaling 6 Units.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Fireplace No
Laundry Common Area, Washer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Suburban
Total Parking Spaces 5
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 39022231
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Randall Mycorn • R L M Equities • 949-573-5309