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312 E Meats
312 E Meats
312 E Meats
312 E Meats
312 E Meats
312 E Meats
312 E Meats
312 E Meats
312 E Meats
312 E Meats
312 E Meats
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Listed by Marc Smith CA DRE# 01956931 with Freedom First Properties [email protected]
$1,175,000

312 E Meats

2,744 Sq.Ft. 9,148 Sq.Ft.

Description

Investment Opportunity in the Heart of Orange. A rare value-add opportunity for investors: this triplex is priced to reflect two known capital items: a repipe and a new roof over the garage only (with estimates available). Complete the work and step into equity upside. Additional equity opportunity with further renovations. The property is comprised of one 3-bedroom, 2-bath unit and two 2-bedroom, 1-bath units, occupied by long-term tenants in a highly desirable rental pocket. Parking onsite including three garage spaces (2-car and a 1-car), plus an on-site laundry room offering additional income potential. Location is unbeatable: just down the street from Chapman University, the Orange Circle, and all the offerings of Old Town Orange--shops, dining, and services. Got a train to catch? Orange Transportation Center (OTO) is located just 2.7 miles away and the Anaheim Canyon Station is only 3.3 miles out -- plus easy access to local freeways. This is a well-located, income-producing asset with a clear path to added value.

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Location

312 E Meats, Orange, CA 92865

Status

For Sale
Marc Smith

Marc Smith

TITLE

Founder | Realtor® | Appraiser

Melinda Ann Johnson

Melinda Ann Johnson

TITLE

Founder | Broker | Attorney

Property Amenities

Interior
Laundry room Common Area
Fireplace Wood Burning
Appliances Disposal
Other Interior Features All Bedrooms Down
Area & Lot
Total area 2,744 Sq.Ft.
Lot Area 9,148 Sq.Ft.
Living area 2,744 Sq.Ft.
MLS® ID PW26145340
Year Built 1973
View Description None
Type Multi-Family
Status For Sale
Exterior
Stories 1
Pool None
Disability Features No Stairs
Water Source Public
Garage Space 3.0
Sewer Public Sewer
Parking Asphalt, Garage, Paved
Lot Features Corner Lot
Roof Composition
Finance
Sales Price $1,175,000
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 312 E Meats, Orange, CA 92865. We are reviewing your request and will be in touch shortly!

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Orange

The City of Orange is known for its historic downtown district, home to a number of well-preserved buildings from the late 19th and early 20th centuries, many of which have been converted into shops and restaurants as well as renowned Chapman University. Orange is also known for its parks and recreation facilities, with more than 20 parks-offering residents ample opportunities for outdoor recreation. Popular Irvine Regional Park features hiking trails, picnic areas, and a small zoo and train. Santiago Oaks Regional Park, boasts miles of trails for hiking, biking, and horseback riding and even a waterfall (water levels permitting). When it comes to housing, there is something for everyone in the city of Orange. There are modern, urban-style attached homes, newer construction homes, early century Craftsman style homes, famous Eichlers as well as many single-story, ranch-style homes.

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