UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,489 sqft
Price per Sqft $434
MLS Listing ID OC-26088590
Year Built 1971
Lot Size 8,276 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Ideally situated near shopping centers, restaurants, parks, schools, and churches, this property benefits from strong tenant demand in a sought-after rental market. Convenient access to the 55, 5, and 91 freeways makes commuting throughout Orange County simple and efficient.
The unit mix includes a spacious front owner's unit featuring 3 bedrooms and 2.5 bathrooms with an attached 2-car garage. Two additional units offer 2 bedrooms and 1.5 bathrooms, along with one upstairs unit featuring 2 bedrooms and 1 bathroom. The property includes a total of 6 garages (2 attached, 4 detached), plus additional parking in front of the garages and a recently added parking space in front of the building.
Each unit includes washer and dryer hookups, enhancing tenant convenience. The property is currently occupied by long-term, MONTH TO MONTH TENANTS with below-market rents, presenting a significant opportunity for increased income and future upside.
Both 720 and 730 Adele share a common driveway, making this an ideal acquisition for a single buyer seeking scale and long-term investment potential.
Location
State CA
County Orange
Area 75 - Orange, Orange Park Acres E Of 55
Interior
Heating Wall Furnace, Central
Fireplaces Type Living Room
Laundry Gas Dryer Hookup, Inside, Washer Hookup
Exterior
Parking Features Garage - Single Door, Garage - Three Door, Garage Door Opener, Assigned
Garage Spaces 6.0
Pool None
Community Features Biking, Park, Sidewalks, Street Lights, Suburban
Utilities Available Sewer Connected, Water Connected, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
View Y/N No
View None
Building
Lot Description Sprinkler System, Sprinklers In Front, Sprinklers Timer, 0-1 Unit/Acre
Sewer Public Sewer
Nearby Locations
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900