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Listed by Annie Lee, DRE #01968283 • Premier Realty
$ 1,800,000
Est. payment /mo
New
1918 E Del Mar Orange, CA 92865
7,841 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW26101770
Year Built 1968
Lot Size 7,841 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Excellent investment opportunity in the highly desirable City of Orange. This well-maintained fourplex offers an attractive unit mix of one spacious 3-bedroom, 2-bath unit and three 2-bedroom, 2-bath units, providing strong tenant appeal and excellent rental stability. Current gross monthly income is approximately $10,055, plus additional income from the onsite community coin laundry. All tenants are current on rent, and the property features long-term month-to-month tenants with a strong payment history. Each unit is separately metered for gas and electricity, helping keep owner expenses low. Excellent parking with five garage spaces and additional onsite parking. Recent improvements include replacement of furnaces in Units A and B, a commercial-sized water heater, and a timer for the common area electrical system. Ideally located near The Village at Orange, shopping, dining, schools, and major employment centers, with convenient access to the 55, 57, and 91 freeways. A rare opportunity to acquire a stable, income-producing asset with strong in-place cash flow and future rental upside in one of Orange County's most established rental markets.
Location
State CA
County Orange
Area 699 - Not Defined
Rooms
Kitchen Refrigerator, Oven - Gas
Interior
Heating Forced Air
Cooling Window / Wall Unit
Laundry Community Facility
Exterior
Parking Features Assigned Spaces, Garage
Garage Spaces 8.0
Pool None
Building
Lot Description Grade - Level, Paved
Water District - Public
Others
Tax ID 37213110
Special Listing Condition Not Applicable
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