483 N Citrus Street

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483 N Citrus Street

Orange, CA 92868
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
  • Total building footprint consists of two individual units
  • Strategically positioned within the Orange County rental market
  • Well-suited for residential investment or owner-occupied strategies
  • Centrally located with access to major regional infrastructure

What's Special

Investors seeking an entry-level multifamily asset will find this two-unit apartment building at 483 N Citrus Street in Orange, California, a practical addition to their portfolio. The property provides a residential investment opportunity in Orange County, a region characterized by its robust rental demand and proximity to major employment hubs. With two distinct units, the site is well-suited for a buy-and-hold strategy, owner-occupancy with rental income offset, or a strategic addition to a local housing collection. The Orange submarket benefits from its central location within the broader Los Angeles metropolitan area, offering residents accessibility to regional transportation corridors and a diverse economic base. This asset structure allows for efficient property management while maintaining a stable residential presence in an established neighborhood. Given the consistent demand for apartment inventory in this part of Southern California, this property serves as a reliable component for income-focused investors looking for a manageable scale of operations.

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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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