331 N Olive

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331 N Olive

Orange, CA 92866
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).

  • Residential apartment building located in Orange, California.
  • Property features a total of three individual units.
  • Asset sits within the well-connected 92866 zip code area.
  • Multifamily building available for acquisition in Orange County.
  • Strategic position supports long-term residential leasing investment strategies.

What's Special

Orange serves as a key residential and commercial hub within Orange County, providing residents with access to major regional employers and proximity to the extensive freeway network connecting the greater Los Angeles area. This multifamily property at 331 N Olive sits within this established market, benefiting from the city's blend of historic charm and ongoing economic development. The asset consists of 3 units, presenting a straightforward investment prospect for those looking to manage residential real estate in a central location. Apartment buildings of this scale in the 92866 zip code appeal to investors targeting stable rental demand near regional transit corridors and local amenities. Prospective owners can utilize this structure for long-term residential leasing strategies or explore opportunities to update the existing units to match current market trends. Its position in this dense Southern California municipality supports continued interest from tenants seeking proximity to major employment nodes and the broader coastal economy.

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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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