219 S Oak ST, Orange, CA 92866
219 S Oak ST, Orange, CA 92866
219 S Oak ST, Orange, CA 92866
219 S Oak ST, Orange, CA 92866
219 S Oak ST, Orange, CA 92866
219 S Oak ST, Orange, CA 92866
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Listed by Scott Gerard, DRE #01004111 • Gerard Properties Inc.
$ 3,190,000
Est. payment | /mo

0.49 Acres Lot


Save
$ 3,190,000
Est. payment | /mo
Save

0.49 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC26168756

Year Built 1967

Lot Size 0.486 Acres

Source California Regional MLS

Property Description

Rare Opportunity: Two Orange Fourplexes on Two Expansive Separate Lots - Conventional Residential Financing Available - No Commercial Loan Required! 219 & 229 S. Oak Street present an exceptionally rare opportunity to acquire two contiguous fourplexes being sold together. 219 Oak was built in 1967 and 229 Oak was built in 1957. Each property consists of only four residential units, each building qualifies for its own conventional conforming residential financing, eliminating the need for commercial financing and providing investors with more attractive lending options. Together, the properties comprise 8 apartment units situated on two separate parcels totaling approximately 21,168 square feet. This unique offering allows an investor to benefit from the economies of scale associated with a larger apartment investment while maintaining the flexibility and financing advantages of owning two separate four-unit properties. Each fourplex consists of three 1-bedroom/1-bathroom units and one 2-bedroom/1-bathroom unit, with approximately 2,738 square feet of living space per building. Located at the end of a cul-de-sac, the two buildings face one another across a beautifully landscaped shared courtyard enclosed by a classic white picket fence. This charming cottage-style setting c

Location

State CA

County Orange

Area Oto - Old Towne Orange

Interior

Heating Wall Furnace

Laundry Gas Hookup, 30

Exterior

Garage Spaces 16.0

Pool None

Building

Lot Description Corners Marked

Story One Story

Water District - Public

Others

Tax ID 39049109

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
John Fagan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(669) 303-8501

john@johnfagangroup.com

1295 E Dunne Ave Suite 130 Morgan Hill, CA 95037, USA

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219 S Oak ST