2660 North Bourbon Street 2660 North Bourbon Street Orange, California 92865 United States

TRUST SALE! Welcome to 2660 N Bourbon St, Orange a premium 4-plex in one of the most desirable and stable rental markets in Orange County. This low-maintenance, high-demand investment is located in a neighborhood known for strong tenant retention, consistent rental demand, and excellent proximity to freeways, shopping, dining, and essential services. Set on a quiet, low-traffic street, this pride-of-ownership property offers 4 spacious units, each with **2 beds and 2 full baths**, plus kitchen, dining and living rooms, and private outdoor space patios for ground-floor units and balconies for upper units. Each unit includes in-unit laundry, central A/C, a private 1-car garage, and access to 3 additional uncovered parking spaces. The utility setup is ideal: 5 water meters (yes, 5!), 4 gas meters, and 5 electric meters, allowing tenants to cover all utilities except trash, outdoor lighting, and sprinkler water. Two of our great long-term tenants recently vacated, offering a rare opportunity to lease at market rates or upgrade for even stronger returns. Units may lease during escrow call for current status. As with many properties in Orange, CA, this 4-plex benefits from a highly favorable land lease structure. It is part of a professionally managed master lease that includes neighboring 4-plexes and an adjacent retail strip mall with a market, contributing to long-term neighborhood stability. With over 38 years remaining on a 100-year lease and a remarkably low rate of $273 per month ($819.77 quarterly), investors enjoy reduced holding costs, no HOA fees, and enhanced cash flow a compelling alternative to traditional fee simple ownership that improves NOI and long-term value. For added peace of mind, the property is being sold as-is, free and clear of termites with Section 1 clearance already completed and paid by the seller, and includes a 1-year upgraded home warranty (buyers choice). With desirable layouts, individual utilities, attractive amenities, 2 vacant units, and a prime location, 2660 N Bourbon St offers a rare opportunity to own a high-performing, income-generating asset in the heart of one of Southern Californias most dependable rental corridors.

Listing Courtesy of Century 21 Masters, Email/Phone : 626-324-0388