For Sale $2,025,000
Property Type Multi-Family
Property Size 3,552 SF
Units 4
Lot Size 0.17 Acre
Year Built 1963
Date Updated Mar 13, 2024

N/AThe Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 1026 North Shattuck Place, a 4-unit multifamily investment property located in Orange, California. Built in 1963, 1026 North Shattuck Place features 4, two-bedroom / two-bath units each measuring appropriately 888 square feet. The property features highly desirable single-story construction with four garage spaces. 1026 North Shattuck Place is situated in close proximity to an abundance of attractive area amenities. Neighborhood retail centers including Tuskatella Center to the north and Palm Center, within walking distance to the south, offer residents convenient access to their everyday needs. The property is located just over one-mile from Chapman University, a major economic and housing driver for the city. Furthermore, residents enjoy easy access to the abundance of retail, dining, and entertainment options in Old Towne Orange. 1026 North Shattuck Place provides residents with easy access to State Route 55, connecting residents to employment hubs throughout Orange County. The Orange submarket is among the strongest performing areas in metro Orange County, with an average occupancy of 97.3 percent (Q4 2023) and average effective rent increase of 7.2 percent (2022 year-over-year), demonstrating the strong demand for rental housing. Given the strength of the overall apartment market within the city of Orange, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of activities, transportation, and retail amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 1026 North Shattuck Place.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

Offers Exclusively Two-Bedroom Floor Plans
Features Highly Desirable Single-Story Construction
4 Garage Parking Spaces
Each Unit Features a Security Door
Attractive North Orange County Location, In Close Proximity to Some of Orange County’s Most Popular Destinations
Within Walking Distance of Everyday Needs at the Albertsons Anchored Palm Center
1 Mile from Chapman University, a Major Economic & Housing Driver for the Area
Within 1.50 Miles of the Abundance of Retail, Dining, & Entertainment Options in Old Towne Orange
Easy Access to State Route 55, Connecting Residents to Employment Hubs Throughout Orange County

Contacts

Tyler Leeson

The Leeson Group Marcus & Millichap

(714) 713-9086

Location

Getting Around

Walk Score ®
81/100 Very Walkable
Transit Score ®
34/100 Some Transit
Bike Score ®
72/100 Very Bikeable

Map
Street

City Orange, CA
Zip Code 92867
Market Orange County

Points of Interest

Orange

1.58 miles
Anaheim Regional Transportation Intermodal Center

2.28 miles
Anaheim Canyon

3.43 miles
Santa Ana

3.83 miles
Tomorrowland Station

4.54 miles
Sunset Boulevard Stop

4.60 miles
Hollywood East Stop

4.62 miles
Buena Vista Street Stop

4.70 miles
Main Street Station

4.71 miles
Carthay Circle Stop

4.72 miles

Chevron

0.42 miles
Arco

0.45 miles
Shell

0.52 miles
Chevron

0.80 miles
Shell

0.92 miles
Chevron

0.94 miles
Arco

1.14 miles
Arco

1.15 miles
Circle K

1.34 miles
7-Eleven

1.44 miles

Harris / Morlan Lot I-

0.85 miles
Davis Lot

0.88 miles
Jim Miller Structure

0.90 miles
Conference Center Lot

0.93 miles
Hashinger Lot

1.13 miles
Student Parking

1.24 miles
Barrera Structure

1.29 miles
Guest Parking

1.34 miles
Cypress Lot

1.36 miles
Becket Lot

1.38 miles

Howard Johnson by Wyndham Orange Hotel & Suites

0.37 miles
Villa Park Motel

1.23 miles
Extended Stay America - Orange County - Katella Ave.

2.02 miles
Best Western Orange Plaza

2.05 miles
Days Inn by Wyndham Orange Anaheim

2.20 miles
7 Crowns

2.24 miles
Aspire Inn & Suites

2.25 miles
Twin Cypress Motel

2.29 miles
Civic Center Inn

2.30 miles
Ayres Hotel Anaheim

2.34 miles

Chin's Kitchen

0.12 miles
Arby's

0.16 miles
Wendy's

0.28 miles
Carl's Jr.

0.29 miles
Norms

0.30 miles
El Pollo Loco

0.35 miles
Round Table Pizza

0.36 miles
Del Taco

0.37 miles
Wingstop

0.37 miles
Tony's Donuts

0.37 miles

California Elementary School

0.33 miles
Yorba Academy of the Arts Middle School

0.34 miles
Handy Elementary School

0.57 miles
Orange High School

0.70 miles
Katella School

0.79 miles
Cambridge Elementary School

0.81 miles
Taft Elementary School

1.00 miles
St. Norbert Catholic School

1.00 miles
Richland Continuation High School

1.13 miles
Killefer School

1.16 miles

Our Saviours Childrens Center

0.49 miles
Adventures in Learning

1.49 miles
Preschool Rooms

1.76 miles
St. Paul's Preschool

1.76 miles
Childtime Of Orange

1.93 miles
KinderCare

3.13 miles
Kiddie Academy

3.43 miles
Happy Hippo Preschool

4.06 miles
Boys & Girls Club of Tustin

4.50 miles
Kinderland Academy

4.51 miles

Frequently Asked Questions

What is the lease rate for 1026 N Shattuck Pl?

Rental asking rate at 1026 N Shattuck Pl is $1,012,500.00/YR.

What is the total square footage of 1026 N Shattuck Pl?

1026 N Shattuck Pl totals 3,552 square feet.

When was this property built?

1026 N Shattuck Pl was built in 1963.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.