DON'T EVER MISS A NEW LISTING AGAIN!

Register Now
Already registered? Login

FREE AUTOMATED EMAIL UPDATES
Beat out other Buyers to Off Market Properties & HOT New Listings

Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free!
*Contact Information is NOT Shared*

Bedrooms
Baths
Min Price
Max Price
Back to Saved Search
Listing 1 out of 322
$999,000 New For Sale

529 S Hill Street
Orange, CA 92869

4 units | Multi Family Home
8799 sq ft - MLS# OC19073821
Property Photo
1/70

Description

Check out this 6%+ cap rate; over 10% cap rate if leveraged! Fully occupied with tenants in all 4 units with long term leases. Ideally located in Panorama Heights Area of Orange, across the street from El Modena Park and short walk to Jordan Elementary School and El Modena Library. Gorgeous City Lights and Clear Day Catalina Views. Two spacious units upstairs and downstairs in the front building, with 2 studio units in the rear. Recently painted and remodeled, many fine features and improvements include wood laminate flooring, ceiling fans, cozy fireplaces, updated light and bright kitchens with new cabinetry, matching appliances, updated countertops and faucets, updated bathrooms, new water heaters, and a convenient community laundry area. Private side yard patio and huge front patio perfect for entertaining and relaxing. Assigned uncovered parking spaces and street parking available as well. Great location close to parks, local schools, recreation, shopping, dining, and entertainment.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92869
  • Year Built: 1948
  • Subdivision/Neighborhood: Other
  • Stories: One,Two
  • Units: 4 units
  • # of Parking Spaces: 3.00
  • Fireplace: Living Room,Master Bedroom, Yes
  • Lot Size: 8799 sq ft
  • View: Catalina,City Lights,Park/Greenbelt,Peek-A-Boo, Yes
  • Area: 75 - Orange, Orange Park Acres E of 55
  • Appliances: Dishwasher, Gas Cooktop, Microwave
  • Appliances YN: Yes
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area: 1522
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area: 300
  • Average Studio Area Units: Square Feet
  • Building Area Total: 3500.00
  • Building Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Community Features: Curbs, Sidewalks
  • Construction Materials: Stucco
  • Cooling: Wall/Window Unit(s)
  • Cooling YN: Yes
  • Country: US
  • Directions: E. Chapman Ave, South on S. Hewes St, Left on E. Phillips Pl, left on S. Hill St
  • Door Features: French Doors, Mirror Closet Door(s), Sliding Doors
  • Electric Expense: 2598.00
  • Fence YN: Yes
  • Fencing: Wrought Iron
  • Flooring: Laminate
  • Fuel Expense: 2118.00
  • Gardener Expense: 1200.00
  • Gross Scheduled Income: 92100.00
  • Heating: Forced Air
  • Heating YN: Yes
  • Insurance Expense: 1251.00
  • Interior Features: Ceiling Fan(s), Recessed Lighting
  • Laundry Equipment Own Lease: Own
  • Laundry Features: Common Area
  • Laundry YN: Yes
  • Listing Agent License: 01850869
  • Listing Office License: 01375978
  • Lot Features: 2-5 Units/Acre, Park Nearby
  • Lot Size Area: 8800.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 70903.00
  • New Taxes Expense: 11984.00
  • Number Of Buildings: 1
  • Number Of Units Leased: 4
  • Number Wall AC: 4
  • Number With Dishwasher: 2
  • Number With Patio: 1
  • Number With Range: 4
  • Number With Refrigerator: 2
  • Operating Expense: 21197.00
  • Parking Features: Assigned, Parking Space, Street
  • Pest Control Expense: 744.00
  • Property Attached YN: Yes
  • Property Condition: Updated/Remodeled
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Roof: Spanish Tile
  • Room Type: Family Room, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Actual Rent: 7675.00
  • Total Expenses: 21197.00
  • Trash Expense: 480.00
  • Uncovered Spaces: 3.00
  • Water Sewer Expense: 822.00
  • Water Source: Public
  • Window Features: Blinds
  • Year Built Source: Assessor
Courtesy of Keller Williams Realty, Jordan Bennett



Choumas & Associates | 909-821-7133 | Email Us 
Candi Choumas CalBRE #01177993
Ashley Choumas CalBRE #01892987

2790 Cabot Drive #4-130 - Corona, CA 92883
Copyright © 2017 , All Rights Reserved

house realtor mls

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu