Log In/Sign Up
Your email has been sent.
128 N Pixley St 3 Unit Apartment Building $4,163,020 CAD ($1,387,673 CAD/Unit) 5.15% Cap Rate Orange, CA 92868
INVESTMENT HIGHLIGHTS
- Walking distance to Old Towne
- Three houses on one lot
EXECUTIVE SUMMARY
Three houses on one lot. The property is currently leased until 6/30/2026. The property is under the Mills Act. The taxes were $ 9,174 for 2024. The properties are in the best location to access the plaza and Chapman University. Tankless hot water heaters, separate meters, fire sprinklers, off-street parking, drought-tolerant landscaping, and are designed to be cost-efficient.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$278,721
|
$71.47
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$8,361
|
$2.14
|
| Effective Gross Income |
$270,360
|
$69.32
|
| Taxes |
$12,755
|
$3.27
|
| Operating Expenses |
$43,341
|
$11.11
|
| Total Expenses |
$56,096
|
$14.38
|
| Net Operating Income |
$214,264
|
$54.94
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $278,721 |
| Annual Per SF | $71.47 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $8,361 |
| Annual Per SF | $2.14 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $270,360 |
| Annual Per SF | $69.32 |
| Taxes (CAD) | |
|---|---|
| Annual | $12,755 |
| Annual Per SF | $3.27 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $43,341 |
| Annual Per SF | $11.11 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $56,096 |
| Annual Per SF | $14.38 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $214,264 |
| Annual Per SF | $54.94 |
PROPERTY FACTS
| Price | $4,163,020 CAD | Building Class | C |
| Price Per Unit | $1,387,673 CAD | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 3,900 SF |
| Cap Rate | 5.15% | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Parking Ratio | 2.56/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-3 - A multiple-family residential district which allows apartments, condominiums, and townhomes. | ||
| Price | $4,163,020 CAD |
| Price Per Unit | $1,387,673 CAD |
| Sale Type | Investment |
| Cap Rate | 5.15% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 3,900 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1900 |
| Parking Ratio | 2.56/1,000 SF |
| Zoning | R-3 - A multiple-family residential district which allows apartments, condominiums, and townhomes. |
AMENITIES
UNIT AMENITIES
- Patio
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+2 | 1 | $8,562 CAD | 1,500 |
| 5+3 | 1 | $10,355 CAD | 1,600 |
| 2+1 | 1 | $4,309 CAD | 800 |
1 1
Walk Score®
Walker's Paradise (90)
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
128 N Pixley St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.