
Description
Wonderful oppportunity in Orange. 10 units at the end of a cul-de-sac located in the heart of the City of Orange. Built in 1961, 1940 E. Wilson Avenue features a 2-story apartment building sitting on a 11,326 sq. ft. lot with 7,275 sq. ft. of rentable space. Each unit is 1 bed / 1 bath, ranging from 675-775 sq. ft. This property has been professionally managed and updated. The units are individually metered for both gas and electricity, and the building features 14 parking spots, as well as income-producing laundry facilities. Tenants enjoy easy access to the 55 freeway, public transportation, shopping, restaurants, and a variety of other local amenities. This opportunity is ideal for the investor looking for an easy-to-manage property in the reliable Orange County rental market, with steady, increasing rents.
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10BEDS
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0.26ACRES
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0BATHS
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01/2 BATHS
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8,326SQFT
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$288$/SQFT
School Ratings & Info
Description
Wonderful oppportunity in Orange. 10 units at the end of a cul-de-sac located in the heart of the City of Orange. Built in 1961, 1940 E. Wilson Avenue features a 2-story apartment building sitting on a 11,326 sq. ft. lot with 7,275 sq. ft. of rentable space. Each unit is 1 bed / 1 bath, ranging from 675-775 sq. ft. This property has been professionally managed and updated. The units are individually metered for both gas and electricity, and the building features 14 parking spots, as well as income-producing laundry facilities. Tenants enjoy easy access to the 55 freeway, public transportation, shopping, restaurants, and a variety of other local amenities. This opportunity is ideal for the investor looking for an easy-to-manage property in the reliable Orange County rental market, with steady, increasing rents.
Related Properties
Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-20T11:42:28.333. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.