343 S Bedford RD, Orange, CA 92868

Property Description

We are pleased to present the El Commodor Apartments located at 343 S. Bedford Road, a 27-unit multifamily investment opportunity located Next to Choc Hospital in Orange. Built in 1961, the property is a two-story, garden-style community totaling approximately 19,577 rentable square feet on a ±0.76-acre lot. The desirable unit mix includes 12 one-bedroom / one-bathroom units, three two-bedroom / one-bathroom units, and 12 two-bedroom / 1.5-bathroom units. Two-bedroom floor plans make up 56% of the community. A landscaped interior courtyard provides strong curb appeal and a pride-of-ownership feel that is increasingly rare in vintage Orange County product. Each unit includes a dedicated one-car garage, with additional open parking on site. Units feature gas kitchen appliances, dishwashers, ceiling fans, gas wall heating, and wall air conditioning. Eight of the two-bedroom / 1.5-bath units have been upgraded with new counters, appliances, flooring, and lighting, giving the next owner a proven interior finish to replicate across the remaining units. Gas and electric are separately metered and paid by tenants, which limits owner utility exposure. Additional features include landlord-owned laundry facilities, courtyard barbecues and seating areas, and a pitched composition shingle