$1,785,000

2562 N Bourbon St Orange, CA 92865

$10,000
Closing credit¹
0.2 acres
Multi-Family

Property details

About 2562 N Bourbon St

2562 N. Bourbon Street, an exceptional opportunity to acquire a well-maintained four-unit multifamily property, ideally located in the vibrant city of Orange. THIS PROEPRTY IS FEE SIMPLE, NOT A LAND LEASE. Built in 1968, this income-producing asset features a desirable mix of spacious 2 and 3 bedroom units, each averaging over 1,100 square feet — offering tenants comfortable, home-like living in a highly sought-after rental market. Some of the property amenities include an onsite laundry facility, patios/balconies, and wall A/C. Perfectly situated near popular retail centers, restaurants, schools, and churches, the property enjoys strong local demand and tenant appeal. Commuters will appreciate the convenient access to the 55, 5, and 91 Freeways, making travel throughout Orange County and beyond a breeze. This is an ideal opportunity for investors seeking steady cash flow, future upside potential, and pride of ownership in a prime location. With a highly motivated seller, this property won't last long.

Highlights

Home typeQuadruplex
StatusActive
CoolingWall/Window Unit(s)
Lot size0.1551 Acres
Year built1965
MLS #PW25088225
Garage5 spaces

Summary

  • Garage Space: 5 spaces
  • Private Pool: No
  • Cooling: Wall/Window Unit(s)
  • List Price: $1,785,000
  • Annual Tax Amount: $20,316
  • Tax Year: 2024
  • Lot: Landscaped
  • Directions: South of Lincoln Avenue/West of N. Tustin Street
  • Year Built: 1965
  • Stories: 2
  • Lot Size: 0.1551 Acres
  • MLS Number: PW25088225
  • MLS Name: CRMLS
  • Office Name: Morgan Skenderian
  • Office Email: rma@morganskenderian.com
  • Listing Agent: Rick Applebaum

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 7:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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2562 N Bourbon St, Orange, CA 92865 - view of front of home with a front lawn and a chimney

$1,785,000

2562 N Bourbon St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 22, 2022
Home Sold
$1,785,000
Dec 21, 1995
Home Sold
$1,025,000

Tax history

YearAssessmentProperty Tax
2024$1,820,700$20,316
2023$1,785,000$19,868
2022$861,187$10,094
2021$422,048$5,402
2020$417,721$5,350
2019$409,531$5,214
2018$401,501$5,214
2017$393,629$5,019

History based on county public records data.

Nearby schools

5

Olive Elementary School

Public District KG-6

0.6 mi

3038 N Magnolia Ave

9

Nohl Canyon Elementary School

Public District KG-6

0.8 mi

4100 E Nohl Ranch Rd

5

Taft Elementary School

Public District KG-6

1.0 mi

1829 N Cambridge St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $77,143. Most Orange, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

13%
<35k
65%
35k-100k
19%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

34%
Single, No Kids
14%
Single, with Kids
25%
Married, No Kids
27%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
41%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • NBA/WNBANBA/WNBA
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Chico'sChico's
  • New York & CompanyNew York & Company
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • QdobaQdoba
  • SonicSonic

What do the neighbors drive?

  • VolvoVolvo
  • InfinitiInfiniti
  • MazdaMazda

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • Active RockActive Rock
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 2562 N Bourbon St in Orange, CA and zip code 92865. Features: 0 bathroom. It has been listed on Rocket Homes since May 12, 2025 and is currently priced at $1,785,000.

In April 2025 more than 32 listings in Orange, CA were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 37 were sold below. The number of homes for sale in Orange, CA decreased by 5.3% between March and April 2025. The median list price of listings available in April 2025 was $1,122,181, while the average time on the real estate market was 20 days.

From Rocket Homes Real Estate and based on county public records data.

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