Orange, CA92865
| 3580 sqft | MLS# CV25083425
Tract: Orange Hill (ORHL)
For Sale $1,700,000
Description
Welcome to 2660 N Bourbon St, Orange—a premium 4-plex in one of the most desirable and rock-solid rental markets in Orange County. This low-maintenance, high-demand investment sits in a neighborhood celebrated for strong tenant retention, steady rental demand, and unbeatable access to freeways, shopping, dining, and essential services. Tucked away on a quiet, low-traffic street, this pride-of-ownership property delivers 4 spacious units, each offering 2 beds and 2 full baths (2 master suites), plus kitchen, dining, living rooms, and private outdoor spaces—patios for ground-floor units and balconies for the uppers. Each unit features in-unit laundry, central A/C, its own private 1-car garage, and 1 uncovered assigned parking space. Utility setup? Absolutely ideal: 5 water meters (yes, 5!), 4 gas meters, and 5 electric meters, keeping tenants responsible for nearly all utilities except trash, exterior lighting, and sprinkler water. For peace of mind, the property is being sold as-is, free and clear of termites with Section 1 clearance done and paid for by the seller, plus a 1-year upgraded home warranty (buyer’s choice) included. With smart layouts, separate utilities, great amenities and a killer location, 2660 N Bourbon St offers a rare chance to grab a top-performing, income-generating asset in the heart of Orange County’s rental powerhouse. This 4-plex benefits from a highly favorable land lease structure—part of a well-managed master lease that covers neighboring 4-plexes and a retail center with a market, boosting long-term neighborhood stability. With over 38 years left on a 99-year lease and a crazy-low rate of just $273 per month ($819.77 quarterly), investors enjoy rock-bottom holding costs, no HOA, and enhanced cash flow—a strong alternative to fee simple ownership that boosts NOI and long-term value.
Facts
| Built in 1979 | Lot Size: 7405.00 sqft | HOA Dues: $0/month
Features
Copper Plumbing Full,Living Room Balcony,Unfurnished
Listing provided by Enrique Vasquez-Plaza, Century 21 Masters
Based on information from California Regional Multiple Listing Service, Inc. as of August 22, 2025. 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.