Orange, CA 92866,338 W Kelly AVE
Orange, CA 92866,338 W Kelly AVE
Orange, CA 92866,338 W Kelly AVE
Orange, CA 92866,338 W Kelly AVE
Orange, CA 92866,338 W Kelly AVE
Orange, CA 92866,338 W Kelly AVE
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$2,475,000

$2,499,000

1.0%
Est.Price: ?

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Est. payment /mo

9,448 Sqft Lot


SOLD DATE : 04/23/2024

Key Details

Sold Price $2,475,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC24059676

Sold Date 04/23/24

HOA Y/N No

Year Built 1969

Annual Tax Amount $26,377

Tax Year 2023

Lot Size 9,448 Sqft

Property Description

IF PRIDE OF OWNERSHIP AND EASY FINANCING ARE YOUR BUYER'S PRIORITY, THEN BE SURE TO CHECK OUT THIS 4-PLEX!!! SEE SUPPLEMENT ATTACHED TO THIS LISTING FOR FINANCIAL ANALYSIS AND LIST OF REMODEL IMPROVEMENTS!!! ALSO, OWNER WILL CARRY FIRST T.D. LOAN with no prepay penalty for up to 10 years with min. down of 30%... Year (one) at 5%, year (two) at 5.5% and year (3) at 6%. Remaining terms are negotiable!!! Great opportunity for your Buyer!!!
This OUTSTANDING 4-PLEX INVESTMENT in a GREAT LOCATION IN THE CITY OF ORANGE HAS IT ALL ---- SUPERB CONDITION!!! - GREAT INCOME AT $139,200 per yr.!!! - EXCEPTIONAL PROPERTY MANAGEMENT!!! "METICULOUSLY REMODELED" and "EXPERTLY MANAGED" over the last 6 years by one of Orange County's most discerning apartment owners. This 4-Plex is a true gem giving the term "TURNKEY PROPERTY" a new meaning. Virtually nothing to do when taking over this very well managed and remodeled 4-plex. Just purchase it and start collecting rents. It's highly unlikely that you will find a nicer more well maintained 4-Plex investment in Orange County. Located on a very nice and quiet Cul-de-sac street within walking distance of the "Traffic Circle" in "Old Towne Orange" and "Chapman College". All Brand New Central Heat and Air Conditioning for each unit. New Central Water water heater in laundry room. Ceilings in downstairs units have been insulated to quiet any noise from tenants above. New Roof, completely remodeled Kitchens and Bathrooms Including Tubs/Shower enclosures. All new window coverings. All new kitchen appliances. Purchase price includes new, in 2018, REFRIGERATORS AND 4 STACKED WASHER AND DRYER UNITS IN CENTRAL LAUNDRY ROOM FOR EACH TENANT. New Ceiling fans in all Living rooms, dining rooms and bedrooms. New canned lighting in kitchen ceilings. All new vinyl windows. Complete New Landscaping including beautiful artificial turf. Parking area Paving and Striping are in great condition having been repaved in 2018. All New Flooring in All units. All New complete Wood Fencing. Four Stacked Clothes Washers in central laundry owned by Seller. Therefore each tenant has their own designated washer/dryer which is free to use by each tenant. This is truly a property you must see to believe and appreciate. So, if you want to invest in the best 4-plex investment in Orange County, look no further. You have just found it!!!

Location

State CA

County Orange

Area Oto - Old Towne Orange

Interior

Interior Features Balcony, Block Walls, Granite Counters, Unfurnished, Wired for Data

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Type Living Room

Fireplace Yes

Appliance Built-In Range, Dryer, Washer

Laundry Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Stacked

Exterior

Parking Features Assigned, Covered, Garage, Garage Faces Side, Storage

Garage Spaces 4.0

Garage Description 4.0

Fence Masonry, Wrought Iron

Pool None

Community Features Curbs, Sidewalks

Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Connected, Water Connected

View Y/N Yes

View Courtyard

Roof Type Asbestos Shingle

Total Parking Spaces 4

Private Pool No

Building

Lot Description Cul-De-Sac, Front Yard, Garden, Lawn, Rectangular Lot, Sprinkler System, Street Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 39064117

Energy Description 1596.0

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Submit

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Submit

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Bob Walz • New Dimension Investment Prop • 714-393-8060
Bought with Stephanie St Pierre • Seven Gables Real Estate

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