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1123 E Lomita Avenue

Orange, CA 92867
  • $949,900
  • STATUS: Active Under Contract
  • ON SITE: 66 Days
  • MLS #: PW23007239
Under Contract
UPDATED: 55 min ago
$949,900
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
OTO - Old Towne Orange
Type:
Multi-Family
Built:
1955
County:
Orange
Area:
OTO - Old Towne Orange

School Ratings & Info

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Listing Agent(s): Jackie D' Andrea of Bhhs Ca Properties (714-602-2626)


Description

LOOKING FOR A GREAT INVESTMENT OPPORTUNITY? Here it is... Above 4.5% cap rateLocated in a highly sought after Orange neighborhood, minutes to Chapman University and Old Towne Orange (within 1 mile), a well maintained and updated, single level home is attractive to both an INVESTOR and OWNER OCCUPIED buyer. Featuring 4 generous size bedrooms and 2 remodeled bathrooms on a large, flat lot. Enter into an inviting great room with ample natural light from high ceilings, recessed lighting and skylight. Adjacent to the dining area is a spacious kitchen with bar seating and plenty of storage. The open floor plan features a brick fireplace, perfect for cozy evenings. French doors lead to an exceptional outdoor space. The large covered patio and low maintenance back yard is perfect for California indoor/outdoor entertaining. The interior laundry room and 2 car garage completes this ideal home offering all the spaces for todays needs. Additional Stand Outs are: Newer laminate plank flooring, dual pane windows, stainless steel appliances, sub-zero refrigerator, updated electrical panel, ceiling fans, block fencing, garden window, newer interior/exterior paint, crown molding, water heater. Centrally located and minutes to shopping, Old Towne Orange, restaurants, freeways and Chapman University (4mins) DON'T MISS THIS OPPORTUNITY!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-21T16:31:23.733. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/136052455
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1123 E Lomita Avenue Orange, CA 92867

  • Price: $949,900
  • Status: Active Under Contract
  • On Site: 66 Days
  • Updated: 55 min ago
  • MLS #: PW23007239
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1955
Built
Neighborhood:
OTO - Old Towne Orange
County:
Orange
Area:
OTO - Old Towne Orange
Property Description
LOOKING FOR A GREAT INVESTMENT OPPORTUNITY? Here it is... Above 4.5% cap rateLocated in a highly sought after Orange neighborhood, minutes to Chapman University and Old Towne Orange (within 1 mile), a well maintained and updated, single level home is attractive to both an INVESTOR and OWNER OCCUPIED buyer. Featuring 4 generous size bedrooms and 2 remodeled bathrooms on a large, flat lot. Enter into an inviting great room with ample natural light from high ceilings, recessed lighting and skylight. Adjacent to the dining area is a spacious kitchen with bar seating and plenty of storage. The open floor plan features a brick fireplace, perfect for cozy evenings. French doors lead to an exceptional outdoor space. The large covered patio and low maintenance back yard is perfect for California indoor/outdoor entertaining. The interior laundry room and 2 car garage completes this ideal home offering all the spaces for todays needs. Additional Stand Outs are: Newer laminate plank flooring, dual pane windows, stainless steel appliances, sub-zero refrigerator, updated electrical panel, ceiling fans, block fencing, garden window, newer interior/exterior paint, crown molding, water heater. Centrally located and minutes to shopping, Old Towne Orange, restaurants, freeways and Chapman University (4mins) DON'T MISS THIS OPPORTUNITY!
Exterior Features

Architectural Style Traditional Construction Materials Stucco Direction Faces Southwest Entry Level 1 Entry Location 1 Exterior Features Rain Gutters Fencing Block Foundation Details Raised Lot Features 0-1 Unit/AcreBack YardFront YardSprinkler SystemYard Number Of Separate Electric Meters 1 Parking Features DrivewayGarage Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Appliances DishwasherGas CooktopDisposalRefrigeratorWater Heater Common Walls No Common Walls Cooling Central Air Cooling YN Yes Door Features French Doors Fireplace Features GasLiving Room Fireplace YN Yes Flooring LaminateTile Heating Forced Air Heating YN Yes Interior Features Ceiling Fan(S)Crown MoldingCathedral Ceiling(S)Open FloorplanStone CountersRecessed LightingUnfurnishedAll Bedrooms DownBedroom On Main LevelMain Level Master Window Features BlindsDouble Pane WindowsGarden Window(S)Skylight(S)

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.94 Common Interest None Community Features CurbsGutter(S)Sidewalks Electric Standard Electric Expense 50 Exclusions Tenants Personal Property Fuel Expense 0 Garage YN Yes Gross Income 59400 Gross Scheduled Income 59400 Inclusions Sub Zero Kitchen Refrigerator Insurance Expense 1200 Land Lease YN No Laundry Features InsideLaundry Room Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Maintenance Expense 1000 Net Operating Income 46887 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 1 Operating Expense 12513 Other Expense 8263 Possession See Remarks Property Condition Turnkey Property Sub Type Single Family Residence 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 TvElectricityGasTrash CollectionWater Total Actual Rent 4950 Trash Expense 0 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Sewer Expense 200 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-21T16:31:23.733. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Jackie D' Andrea of Bhhs Ca Properties (714-602-2626)