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265 S Foley Place

Orange, CA 92868
  • $1,295,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: PW23158447
UPDATED: 148 min ago
$1,295,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1976
County:

School Ratings & Info

Listing Agent(s): Gregory Colson of Coldwell Banker Realty (714-832-0020)


Description

Looking for a great investment? Don't miss this well cared for duplex in a perfect location...just blocks to Orange Circle and an easy walk to Chapman University! It's even on a cul-de-sac. One side is a 3 bed 2.5 bath with spacious bedrooms and a fireplace. The other is a 2 bed 2 bath single story, with a good sized primary bedroom, fireplace and newer kitchen. Both homes have oversized 2 car garages with direct access and laundry hookups. Both also have wide driveways and separate back yards. Paint is newer inside and out. Roof and flooring have been updated. Both tenants pay timely and want to go forward. Tenant for 3 bedroom has been there 10 years and rent is well below market. Tenant for 2 bedroom is paying near market and up for renewal in a few months. Units have central AC/heat and are metered separately.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. 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 Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/142819004
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265 S Foley Place Orange, CA 92868

  • Price: $1,295,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 148 min ago
  • ID#: PW23158447
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1976
Built
Neighborhood:
OTO - Old Towne Orange
County:
Orange
Area:
OTO - Old Towne Orange
Property Description
Looking for a great investment? Don't miss this well cared for duplex in a perfect location...just blocks to Orange Circle and an easy walk to Chapman University! It's even on a cul-de-sac. One side is a 3 bed 2.5 bath with spacious bedrooms and a fireplace. The other is a 2 bed 2 bath single story, with a good sized primary bedroom, fireplace and newer kitchen. Both homes have oversized 2 car garages with direct access and laundry hookups. Both also have wide driveways and separate back yards. Paint is newer inside and out. Roof and flooring have been updated. Both tenants pay timely and want to go forward. Tenant for 3 bedroom has been there 10 years and rent is well below market. Tenant for 2 bedroom is paying near market and up for renewal in a few months. Units have central AC/heat and are metered separately.
Exterior Features

Construction Materials BrickStuccoWood Siding Entry Level 1 Entry Location SideGround Level Fencing BlockWood Lot Features 11-15 Units/AcreSprinkler System Number Of Separate Electric Meters 2 Open Parking Spaces 4 Parking Features Direct AccessGarage Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Appliances DishwasherGas RangeRefrigerator Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Heating Central Heating YN Yes Interior Features Bedroom On Main LevelMain Level Master

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street LightsSuburbanSidewalks Contingency None Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 66420 Gross Scheduled Income 66420 Insurance Expense 1561 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupIn Garage Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 51963 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 4693 Other Expense 9764 Possession Close Of Escrow Property Condition Turnkey Property Sub Type Duplex Rent Control YN No 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 Actual Rent 66420 Trash Expense 492 Water Sewer Expense 1680 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. 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 Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Gregory Colson of Coldwell Banker Realty (714-832-0020)