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. Has its own en suite (private bedroom/bathroom) plus full laundry inside 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.
Property Details
Price:
$1,895,000
MLS #:
SB25129866
Status:
Active
Baths:
0
Address:
408 W La Veta Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
otooldtowneorange
City:
Orange
Listed Date:
Jun 25, 2025
State:
CA
ZIP:
92866
Lot Size:
8,455 sqft / 0.19 acres (approx)
Year Built:
1965
See this Listing
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Schools
Interior
Appliances
Refrigerator
Cooling
None
Fireplace Features
Living Room, Wood Burning, Raised Hearth
Heating
Electric, Radiant
Exterior
Community Features
Gutters, Sidewalks, Street Lights
Fencing
None
Garage Spaces
4.00
Lot Features
Corner Lot, Cul- De- Sac, Level with Street, Lot 6500-9999
Parking Features
Assigned
Parking Spots
6.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Tenant Pays
Cable T V, Electricity
Map
Community
- Address408 W La Veta Avenue Orange CA
- AreaOTO – Old Towne Orange
- CityOrange
- CountyOrange
- Zip Code92866
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408 W La Veta Avenue
Orange, CA
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