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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 by the seller, and includes a 1-year upgraded home warranty (buyer’s 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 California’s most dependable rental corridors.
Property Type(s):
Residential Income
| Last Updated | 4/21/2025 | Tract | Orange Hill (ORHL) |
|---|---|---|---|
| Year Built | 1979 | Community | Orange & Garden Grove, E of Harbor, N of 22 F |
| Garage Spaces | 4.0 | County | Orange |
Additional Details
| AIR | Central Air, ENERGY STAR Qualified Equipment |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Water Heater |
| AREA | Orange & Garden Grove, E of Harbor, N of 22 F |
| CONSTRUCTION | Copper Plumbing, Stucco |
| GARAGE | Assigned, Door-Single, Garage, Garage Faces Side, Yes |
| HEAT | Central, ENERGY STAR Qualified Equipment |
| HOA DUES | 0 |
| INTERIOR | Balcony, Multiple Primary Suites, Unfurnished |
| LOT | 7405 sq ft |
| LOT DESCRIPTION | Paved, Rectangular Lot, Sprinklers In Front, Street Level |
| PARKING | Assigned,Door-Single,Garage,Garage Faces Side |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Orange Hill (ORHL) |
| UTILITIES | Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected, Electric: Standard |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
Location
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Listed with Century 21 Masters
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