2660 N Bourbon ST Active Save Request In-Person Tour Request Virtual Tour
Orange,CA 92865
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Orange Hill (Orhl)
MLS Listing ID CV25083425
Construction Status Updated/Remodeled,Termite Clearance,Turnkey
HOA Y/N No
Land Lease Amount 273.0
Rental Info Month To Month
Year Built 1979
Lot Size 7,405 Sqft
Property Sub-Type Quadruplex
Property Description
Welcome to 2660 N Bourbon St, Orange—a premium 4-plex in one of the most desirable and rock-solid rental markets in Orange County. This low-maintenance, high-demand investment sits in a neighborhood celebrated for strong tenant retention, steady rental demand, and unbeatable access to freeways, shopping, dining, and essential services. Tucked away on a quiet, low-traffic street, this pride-of-ownership property delivers 4 spacious units, each offering 2 beds and 2 full baths (2 master suites), plus kitchen, dining, living rooms, and private outdoor spaces—patios for ground-floor units and balconies for the uppers. Each unit features in-unit laundry, central A/C, its own private 1-car garage, and 1 uncovered assigned parking space. Utility setup? Absolutely ideal: 5 water meters (yes, 5!), 4 gas meters, and 5 electric meters, keeping tenants responsible for nearly all utilities except trash, exterior lighting, and sprinkler water. For peace of mind, the property is being sold as-is, free and clear of termites with Section 1 clearance done and paid for by the seller, plus a 1-year upgraded home warranty (buyer's choice) included. With smart layouts, separate utilities, great amenities and a killer location, 2660 N Bourbon St offers a rare chance to grab a top-performing, income-generating asset in the heart of Orange County's rental powerhouse. This 4-plex benefits from a highly favorable land lease structure—part of a well-managed master lease that covers neighboring 4-plexes and a retail center with a market, boosting long-term neighborhood stability. With over 38 years left on a 99-year lease and a crazy-low rate of just $273 per month ($819.77 quarterly), investors enjoy rock-bottom holding costs, no HOA, and enhanced cash flow—a strong alternative to fee simple ownership that boosts NOI and long-term value.
Location
State CA
County Orange
Area 72 - Orange & Garden Grove, E Of Harbor, N Of 22 F
Interior
Interior Features Balcony,Unfurnished,Multiple Primary Suites,Walk-In Closet(s)
Heating Central,ENERGY STAR Qualified Equipment
Cooling Central Air,ENERGY STAR Qualified Equipment
Flooring Carpet,Laminate,Tile,Vinyl
Fireplaces Type None
Fireplace No
Appliance Dishwasher,Gas Cooktop,Disposal,Gas Oven,Gas Range,Water Heater
Laundry Washer Hookup,Electric Dryer Hookup,Inside
Exterior
Parking Features Assigned,Door-Single,Garage,Garage Faces Side
Garage Spaces 4.0
Garage Description 4.0
Fence None
Pool None
Community Features Curbs,Gutter(s),Suburban,Sidewalks
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Y/N Yes
View Neighborhood
Roof Type Composition,Membrane,Shingle
Accessibility None
Total Parking Spaces 7
Private Pool No
Building
Lot Description Sprinklers In Front,Paved,Rectangular Lot,Street Level
Faces East
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled,Termite Clearance,Turnkey
Others
Senior Community No
Tax ID 37454128
Acceptable Financing Cash,Conventional,FHA,Submit,VA Loan
Listing Terms Cash,Conventional,FHA,Submit,VA Loan
Special Listing Condition Standard,Trust
Virtual Tour https://listtosoldmedia.com/2660-N-Bourbon-St