457 N Batavia Street

    Orange, CA 92868
    • $3,299,000
    • STATUS: Active
    • ON SITE: 173 days
    • ID#: PW18042482
    UPDATED: 42 min ago
    $3,299,000
    • 0
      BEDS
    • 0.41
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,500
      SQFT
    • $600
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1931
    County:

    School Ratings & Info

    Description

    Unique opportunity for anyone looking to get into student housing. Zoned R-3 with significant upside potential. This large lot has a two story 1931 Spanish Revival house featuring up to 6 bedrooms and 4.5 bathrooms. Main house has approximately 4347 square feet of living space. Large living areas with lots up windows, formal dining room and large updated kitchen with stainless steel appliances. 3 car detached garage with spacious laundry room. Third outbuilding has approximately 1100 square feet of living space including 4 additional bedrooms and 2 bathrooms. Multi-use property with the ability to increase the number of tenants without construction. Possibility of NNN lease with conditional use permit. Possibility of decreasing property taxes via the Mills Act. 0% Vacancy.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-16T10:31:11.247. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.dscvrproperties.com/homes/80993359

    457 N Batavia Street Orange, CA 92868

    • Price: $3,299,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: PW18042482
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.41
    Acres
    5,500
    SQFT
    $600
    $/SQFT
    1931
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Orange
    Area:
    699 - Not Defined
    Property Description
    Unique opportunity for anyone looking to get into student housing. Zoned R-3 with significant upside potential. This large lot has a two story 1931 Spanish Revival house featuring up to 6 bedrooms and 4.5 bathrooms. Main house has approximately 4347 square feet of living space. Large living areas with lots up windows, formal dining room and large updated kitchen with stainless steel appliances. 3 car detached garage with spacious laundry room. Third outbuilding has approximately 1100 square feet of living space including 4 additional bedrooms and 2 bathrooms. Multi-use property with the ability to increase the number of tenants without construction. Possibility of NNN lease with conditional use permit. Possibility of decreasing property taxes via the Mills Act. 0% Vacancy.
    Exterior Features

    Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00

    Interior Features

    Condo Area Units Square Feet Laundry Features AreaElectric Dryer HookupIn Garage

    Property Features

    Accounting Type Actual Additional Parcels YN No Building Area Units Square Feet Building Expenses 0.00 Building Status Existing Country Us Effective Gross 0 Electric Expense 0.00 Expense Year 2017 Gross Scheduled Income 193200.00 Insurance Expense 4500.00 Land Lease YN No Land Use Other Laundry Income 0.00 Laundry YN Yes Leasable Area Units Square Feet Maintenance Expense 2000.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 142100.00 Number Of Units Leased 2 Operating Expense 48700.00 Other Expense 0.00 Other Income1 0.00 Professional Management Expense 1200.00 Property Sub Type Mixed Use Real Estate Tax Expense 41000.00 Reserves Expense 0.00 Resident Manager Expense 0.00 Special Listing Conditions Standard Supplies Expense 0.00 Tax Annual Amount 12000.00 Tax Rate 1.10 Tax Year 2018 Total Expenses 0.00 Trash Expense 0.00 Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Water Sewer Expense 1200.00 Water Source Public

    Listing provided courtesy of Michael Ferraiz of The Kennedy Group.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-16T10:31:11.247. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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