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Shattuck Place 4-plex 786 N Shattuck Pl

4 Unit Apartment Building $1,595,000 ($398,750/Unit) 4.34% Cap Rate Orange, CA 92867

Investment Highlights

  • Single Story Construction
  • 3 of 4 Apartments are Upgraded
  • Front and Back Pations
  • 4 Spacious 2 Bed 1 Bath Units
  • $102,996 Current Annual Income

Executive Summary

780-786 North Shattuck Place is a single story 4-plex boasting a current annual income of $102,000. All four apartments are spacious 2 bedroom 1 bathroom models which have front and rear patios along with laundry hookups, a fireplace, gas cooking and a dishwasher. Three of the four apartments have been updated with vinyl plank flooring, baseboards, stone countertops, and stainless steel appliances. Parking at the building is ideal there are four garages with newer roll up doors, an extra open space beside the garages and adequate street parking since it is a low density neighborhood. The Shattuck Place 4-plex is ideally located one block west of Tustin Street and just south of Collins Avenue so it is within walking distance of several grocery stores and restaurants on Tustin Street.

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,595,000
Price Per Unit $398,750
Sale Type Investment
Cap Rate 4.34%
Gross Rent Multiplier 15.49
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.19 AC
Building Size 3,360 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1958/2023

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 $2,500 840
2+1 1 $2,450 840
2+1 1 $1,648 840
2+1 1 $1,985 840
Walk Score ®
Very Walkable (88)
Bike Score ®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
386-302-04
Land Assessment
$33,561
Improvements Assessment
$71,117
Total Assessment
$104,678

zoning

Zoning Code R3
R3
  • Listing ID: 33933666

  • Date on Market: 11/20/2024

  • Last Updated:

  • Address: 786 N Shattuck Pl, Orange, CA 92867

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