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    406 E Glendale Drive

    Orange, CA 92865
    • $999,000
    • STATUS: Active Under Contract
    • ON SITE: 49 days
    • ID#: PW21006713
    Under Contract
    UPDATED: 30 min ago
    $999,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,162
      SQFT
    • $462
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1972
    County:

    School Ratings & Info

    Description

    The Glendale Drive duplex apartments present a great opportunity to purchase a single story duplex in a rarely available, predominately single family neighborhood located in north east Orange. Both apartments are turnkey 3 bedroom 2 bathroom units with private, enclosed front/back yards and are currently not occupied by tenants. This makes the duplex ideal for either an owner occupant looking to move in and have a tenant of their choice pay a significant portion of the mortgage or for an investor looking to start with a clean slate with the ability to rent both units at market rates without having to assume the cost of renovations. Upgrades to both units include the following: vinyl wood plank flooring, tile floors in the bathrooms, modern stone countertops in kitchens and bathrooms, new shower enclosures, and newer appliances. Apartment amenities include: enclosed front and back yards, central AC and heat, laundry hookups, fireplace in the living room, and garage parking. The Glendale Drive duplex is truly a unique and rare property in a great neighborhood in Orange.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-03T12:28:18.527. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.

    www.propertycove.com/homes/113196482
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    406 E Glendale Drive Orange, CA 92865

    • Price: $999,000
    • Status: Active Under Contract
    • Updated: 30 min ago
    • ID#: PW21006713
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    2,162
    SQFT
    $462
    $/SQFT
    1972
    Built
    Neighborhood:
    RVB - Riverbend
    County:
    Orange
    Area:
    RVB - Riverbend
    Property Description
    The Glendale Drive duplex apartments present a great opportunity to purchase a single story duplex in a rarely available, predominately single family neighborhood located in north east Orange. Both apartments are turnkey 3 bedroom 2 bathroom units with private, enclosed front/back yards and are currently not occupied by tenants. This makes the duplex ideal for either an owner occupant looking to move in and have a tenant of their choice pay a significant portion of the mortgage or for an investor looking to start with a clean slate with the ability to rent both units at market rates without having to assume the cost of renovations. Upgrades to both units include the following: vinyl wood plank flooring, tile floors in the bathrooms, modern stone countertops in kitchens and bathrooms, new shower enclosures, and newer appliances. Apartment amenities include: enclosed front and back yards, central AC and heat, laundry hookups, fireplace in the living room, and garage parking. The Glendale Drive duplex is truly a unique and rare property in a great neighborhood in Orange.
    Exterior Features

    Garage Spaces 3.00 Lot Features Rectangular LotSprinkler System Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage Faces Front Parking Total 6.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Uncovered Spaces 3.00

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area 1081 Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Flooring LaminateTile Heating Central Heating YN Yes Laundry Features In Garage Levels One Room Type All Bedrooms Down Window Features Double Pane Windows

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Curbs Country Us Electric Expense 823.00 Elevation Units Feet Fuel Expense 1000.00 Gardener Expense 1300.00 Gross Income 63600.00 Gross Operating Income 61692.00 Gross Scheduled Income 63600.00 Insurance Expense 738.00 Land Lease YN No Laundry YN Yes Maintenance Expense 3085.00 Maintenance Percent 5.00 Net Operating Income 43197.00 New Construction YN No New Taxes Expense 10468.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Wall AC 2 Number With Dishwasher 2 Number With Disposal 2 Number With Patio 2 Number With Range 2 Operating Expense 18495.00 Operating Expense Percent 29.10 Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Expenses 18495.00 Trash Expense 0.00 Utilities Cable AvailableElectricity ConnectedNatural Gas Connected Vacancy Allowance 1908 Vacancy Allowance Rate 3.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Michael Arp of Morgan Skenderian


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-03T12:28:18.527. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.

     
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    22939 Hawthorne Blvd, Suite 203
    Torrance CA, 90505