This Garden-style apartment complex features over $900,000 in recent ground-up restorations- new plumbing, HVAC, subfloors, insulation, electrical, roof, drywall, stucco, and concrete. Consisting of (2) large 2 Bedroom/2 Bath units and (3) Large 1 Bedroom/1 Bath units. Every tenant appreciates the immaculately upgraded interiors, designated patios, en-suite + designated laundry facility, and modern exterior upgrades. 472 S Pixley is strategically located close to three major hospitals - CHOC Childrens Hospital, St Joseph's Hospital, and UCI Medical Center. Additionally, the property is proximate to shopping and entertainment options at Old Towne Orange and Main Place Mall. Easy access to the I-22 freeway enables hassle-free commuting to core job markets via the I-5, I-55, and I-57 freeways, further enhancing its value proposition. This generational asset offers a rare opportunity to own in one of the most desired neighborhoods in Southern California. A future investor will enjoy long-term upside with this asset, due to a continued shortage of apartment housing and lack of affordability in single-family homes in Southern California.
Sold for $2,150,000 on 10/02/23
Listing Provided by:
Aspen Labrador DRE #02146663 949-438-4340,
Compass,
Co-Listing Agent: Michael Bouras DRE #01986753,
Compass
Bought with: Compass
$2,150,000
472 S Pixley St, Orange, CA 92868
7beds
7baths
3,100sqft
Multi Family
Built in 1961
-- sqft lot
$-- Zestimate®
$694/sqft
$6,742 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 03, 2023 at 11:41am
Listing Provided by:
Aspen Labrador DRE #02146663 949-438-4340,
Compass,
Co-Listing Agent: Michael Bouras DRE #01986753,
Compass
Bought with:
Aspen Labrador, DRE #02146663
Compass
Michael Bouras, DRE #01986753
Compass
Source: CRMLS,MLS#: NP23115627
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
Heating
- ENERGY STAR Qualified Equipment, High Efficiency
Cooling
- Central Air, ENERGY STAR Qualified Equipment
Appliances
- Included: Built-In Range, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, High Efficiency Water Heater, Water Heater
- Laundry: Inside, Laundry Room
Features
- Flooring: Wood
- Windows: Double Pane Windows, ENERGY STAR Qualified Windows
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,100
- Total interior livable area: 3,100 sqft
Property
Parking
- Total spaces: 4
- Parking features: Door-Single, Garage, Garage Door Opener
- Garage spaces: 4
Features
- Entry location: Drive way
- Pool features: None
Lot
- Size: 6,534 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 04114115
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Raised, Slab
Condition
- Turnkey
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: HVAC, Appliances, Water Heater
Community & neighborhood
Security
- Security features: Security System
Community
- Community features: Biking, Suburban, Sidewalks
Location
- Region: Orange
HOA & financial
Other financial information
- Total actual rent: 13375
Other
Other facts
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Contract,1031 Exchange,FHA,Fannie Mae