1918 E Del Mar, Orange, CA 92865
1918 E Del Mar, Orange, CA 92865
1918 E Del Mar, Orange, CA 92865
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,800,000
Est. payment /mo
7,840 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26101770

Construction Status Turnkey

HOA Y/N No

Year Built 1968

Lot Size 7,840 Sqft

Property Sub-Type Quadruplex

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

Interior

Heating Forced Air

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Gas Oven, Refrigerator

Laundry Common Area

Exterior

Parking Features Assigned, Garage

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Sidewalks

Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Total Parking Spaces 8

Private Pool No

Building

Lot Description Level, Paved, Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 37213110

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Annie Lee Premier Realty annie.lee@baikhome.com, DRE #01968283

NEARBY SCHOOL & BUSINESS

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