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Priced at $1,499,000, this multifamily apartment building at 1200 W Sycamore in Orange, CA, presents a stable investment option for those seeking a foothold in the competitive Orange County housing market. The property consists of two units and is currently marketed with a 5.5% cap rate. The Orange submarket benefits from its central position in Southern California, maintaining strong demand for residential rentals due to its proximity to regional employment hubs and major transportation infrastructure. Investors may find this asset suitable for long-term hold strategies or as a strategic addition to a boutique residential portfolio. With its established location and multifamily designation, the property caters to tenants looking for suburban living within a growing metro area. Given the consistent demand for rental housing across Orange County, this building serves as a practical asset for professional real estate investors focused on income-producing residential real estate.
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