$1,950,000
$150K PRICE DROP

2504 N Bourbon St Orange, CA 92865

Estimated payment $12,167/month

Total Views 6,567
9 Beds
5 Baths
4,417 Sq Ft
$441 Price per Sq Ft

Highlights

  • Corner Lot
  • No HOA
  • Laundry Room
  • Villa Park High School Rated A

About This Home

4-unit investment opportunity located at 2504 N Bourbon St, Orange, CA. The property is a mix of three bedroom two bath and two bedroom one bath units. The subject property is located within a prime area of Orange, and it is within close proximity to shopping and entertainment centers, schools, parks, government buildings, and more. With current rents already strong and additional upside available, investors can benefit from both immediate income and long-term appreciation.

Listing Agent

Brendon Guichet

Uncharted Brokerage Phone: 714-757-7262 License #01931695 Listed on: 10/07/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 7,258 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Parking

  • 2 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,417 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 4711
  • Assessor Parcel Number 37446215
  • $1,074 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $800
  • Fuel Expense $1,269
  • Gardener Expense $1,625
  • Insurance Expense $2,506
  • Maintenance Expense $2,152
  • Pest Control $560
  • Trash Expense $1,278
  • Water Sewer Expense $1,453
  • New Taxes Expense $24,150
  • Operating Expense $35,793
  • Gross Income $124,588
  • Net Operating Income $88,795

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

4

Listing Details

  • CapRate: 4.23
  • Property Attached: Yes
  • Water Sewer Expenses: 1453.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1625.00
  • Parcel Number: 37446215
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 441.48

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 560.00
  • Sewer: Public Sewer
  • Trash Expense: 1278.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7258.00
  • Lot Size Acres: 0.1666

Multi Family

  • Electric Expense: 800.00
  • Fuel Expense: 1269.00
  • Gross Income: 124588.00
  • Gross Operating Income: 124588.00
  • Gross Scheduled Income: 121740.00
  • Insurance Expense: 2506.00
  • Laundry Income: 1325.00
  • Lot Size Area: 7258.0000 Square Feet
  • Maintenance Expense: 2152.00
  • Net Operating Income: 88795.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 35793.00
  • Other Income1: 5175.00
  • Other Income Description: RUBS
  • Rent Control: No
  • Total Expenses: 35793.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 24150.00
  • Tax Lot: 13
  • Tax Tract Number: 4711
  • TaxOtherAnnualAssessmentAmount: 1074.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2025 11/18/25 Price Changed $1,950,000 0.0% $441 / Sq Ft
11/18/2025 11/18/25 For Sale $1,950,000 -7.1% $441 / Sq Ft
10/29/2025 10/29/25 Pending -- -- --
10/07/2025 10/07/25 For Sale $2,100,000 -- $475 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25234601

California Regional Multiple Listing Service (CRMLS)

APN: 374-462-15

California Orange County Orange 92865

2504 N Bourbon St, Orange, CA

For Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Brendon Guichet
Listing Agent
Brendon Guichet
Section Image
Uncharted
(657) 571-2097