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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.
Property Type(s):
Residential Income
| Last Updated | 4/29/2025 | Tract | Orange Hill (ORHL) |
|---|---|---|---|
| Year Built | 1979 | Community | 72 - 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 | 72 - Orange & Garden Grove, E of Harbor, N of 22 F |
| CONSTRUCTION | Stucco |
| EXTERIOR | Balcony |
| GARAGE | Yes |
| HEAT | Central, ENERGY STAR Qualified Equipment |
| INTERIOR | Walk-In Closet(s) |
| LOT | 7405 sq ft |
| LOT DESCRIPTION | Paved, Rectangular Lot, Sprinklers In Front |
| PARKING | Assigned, 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 |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
Location
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Listed with Century 21 Masters
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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