408 W La Veta Avenue

Orange, CA 92866

  • 0 Bed(s)
  • 0 Bath(s)
  • 5,104 Sqft
  • 8455
    Sqft(Lot)
$1,895,000

Description

Huge 4plex! in the last 30 years in the entire city of orange, only about a dozen 4plexes have sold that were this size or bigger. what an opportunity! size does matter in income property - the bigger the units, the more rent you can eventually charge. ** right now there are only four other 4plexes on the market in the city and their average size is about 3,900. 408 w la veta is 5,104 sf. ** la veta sides to a big culdesac. ** the owner’s unit is huge - about 1,500 sf - with its own en suite (private bedroom/bathroom). a full laundry is in the hall near kitchen. large private front patio outside front door. ** good old fashioned wood burning fireplace too, in the living room! the other 2 bedrooms have a full bathroom in a “jack and jill" set up, so both bedrooms have private and direct access to a full bath. ** entire building is electric - so there are no gas bills. ** all 3 other units are townhome styled, so no one is above them. ** every unit has its own private garage and own water heater. parking: there are 4 individual garages plus 2 open parking spaces. ** motivated and reasonable seller. will consider doing a loan "buydown" so that the interest rate is fixed the first year at 4.5% and the second year is 5.5%!! call for details. ** all units are month to month, no leases. ** super convenient and close to 5 freeways!!: 5, 22, 55, 57 and 91, making travel throughout la and orange counties and beyond a breeze. ** proximity to retail stores and residential areas often indicates a higher demand for rental properties. ** seller already paid for all 3 inspection reports (home, termite and sewer) and these will be provided free to the buyer. ** seller in midst of a $25,000 small renovation: landscaping, stucco patch and full exterior paint, all new exposed roof wood members, roof tune up. should be done early july.

  • Property Type

    Residential Income

  • County

    Orange

  • Style

    Residential Income

  • AD ID

    50280984

Sell a home like this and save $113,201 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Composition
    • Property Appliances: Refrigerator
    • Fireplace: Living Room,Raised Hearth,Wood Burning

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Electric,Radiant
    • Has Heating

    Fireplace

    • Fireplace Features: Living Room,Raised Hearth,Wood Burning
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1965
    • Building Area Total: 5,104
    • Roof: Composition

    Pool Features

    • None

    Laundry Features

    • Common Area,Washer Hookup,Electric Dryer Hookup,Laundry Closet,Outside

    Fencing

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1941
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 8455

  • Listing Price Information

    • Original List Price: 1,895,000
    • Listing Contract Date: 2025-06-25

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 39063139

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity

  • Other Property Info

    • Source Listing Status: Pending
    • Source Neighborhood: OTO - Old Towne Orange
    • Postal Code Plus 4: 2615
    • Directions: .
    • Source Property Type: Residential Income
    • Area: OTO - Old Towne Orange
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 60
    • Common Walls: 2+ Common Walls
    • Property Condition: Repairs Cosmetic,Updated/Remodeled
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: ground level
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Copyright © 2025 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

BuyOwner last updated this listing 07/26/2025 @ 04:53

  • MLS: SB25129866
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is recently sold, it has 5,104 sqft, 8,455 sized lot, and 4 parking. are nearby neighborhoods.