233 S Esplanade

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233 S Esplanade

Orange, CA 92869
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Orange, California.
  • Property contains three distinct residential rental units.
  • Positioned within a established suburban Southern California market.
  • Asset provides an opportunity for diversified rental income.
  • Well-connected location near major Orange County transit routes.

What's Special

Investors seeking to expand their residential holdings will find this three-unit apartment building at 233 S Esplanade a practical addition to an Orange, California portfolio. The property provides a steady income-producing asset within a well-established submarket of the Inland Empire. Residents benefit from access to regional transportation corridors and the diverse employment hubs that characterize Orange County. This multifamily configuration appeals to long-term holders looking to manage residential occupancy in a densely populated and stable region. The layout offers functional space for tenants while maintaining the scale of a boutique rental property. Future ownership can capitalize on the consistent demand for apartment living within this suburban context, where regional infrastructure and nearby amenities support long-term residential viability. Given the current configuration, this building serves as a reliable vehicle for multi-family investment strategies focused on the California rental landscape.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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