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1600 Picadilly
For Sale $1,599,000
$1,599,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 7,523 Sq Ft
Description
Exceptional investment opportunity in the heart of Orange County! This well-maintained four-unit income-producing property offers immediate cash flow with outstanding long-term upside. Ideally situated in a highly desirable rental market, this rare multifamily asset features four fully leased units with strong rental demand and significant value-add potential.
Positioned on an oversized lot, the property offers the opportunity to add two additional units (buyer to verify with the appropriate city and local agencies), creating the potential to substantially increase rental income and overall property value. Whether you're an experienced investor looking to expand your portfolio or an owner seeking a prime redevelopment opportunity, this property checks every box.
Located just minutes from major employment centers, shopping, dining, entertainment, beaches, and convenient freeway access, tenants enjoy everything Orange County has to offer. The central location continues to attract high-quality renters, making vacancy rates consistently low and future appreciation highly attractive.
Opportunities like this are increasingly rare—a stable income-producing asset with immediate cash flow, future development potential, and a premier Orange County location. Don't miss your chance to own a versatile investment with exceptional upside in one of Southern California's most sought-after markets.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,599,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 1 spots |
| Year Built | 1964 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 07135132 |
| MLS # | PW26144190 |
| Property ID | 322660139 |
| Lot Sqft | 7,523 |
| Zoning | Unknown |
| Total Units | 4 |
| Days on Market | 44 |
| Original List Price | $1,599,000 |
| Applicances | Built-In Range,Dishwasher,Gas Oven% |
| Date Updated | August 15, 2026 |
| Date Created | July 02, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $8,925 | $0 |
| Net Income (Yr) | $ 97,407 |
Listing Provided By
Darin Wilson an agent of Legacy Real Estate. Lic #01333762
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of August 15, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT