#PW25095818, Rick Applebaum, Listing Office: Morgan Skenderian
2562 N Bourbon St Orange, CA 92865
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
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
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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$1,785,000
2562 N Bourbon St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 22, 2022 | Home Sold | $1,785,000 |
Dec 21, 1995 | Home Sold | $1,025,000 |
Tax history
Year | Assessment | Property 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.
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.
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.