Property Detail

148 FIR

Orange CA 92868

$1,395,000

Status: Active

Property Details

Description

**Great Investment Opportunity!** This triplex features two buildings and is located near the 57 and 5 freeways, just a 15-minute drive from Little Saigon, at the corner of Chapman Avenue and Main Street. The property is situated in a prime area, close to schools, hospitals, busy commercial centers, restaurants, markets, and a police station, making it both safe and convenient. The triplex consists of two separate buildings, divided by a three-car garage. The front building is unit #148, while the back building contains units #152 and #156. Each unit includes 2 bedrooms, 1 bathroom, a garage, and an additional parking space. There are separate front and back yards, allowing tenants the option to plant fruit trees, create vegetable gardens, or establish flower beds as they desire. Tenants are responsible for their own utilities. Currently, the units are rented at lower rates since the tenants have been there for many years, consistently paying their rent on time and causing no issues for the landlord. As a result, the landlord has not raised the rent to match current market prices. The tenants are reliable and wish to remain; they are willing to sign a new long-term lease. This property is a must-see!

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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