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1918 E Del Mar
1918 E Del Mar
1918 E Del Mar
1918 E Del Mar
1918 E Del Mar
1918 E Del Mar
1918 E Del Mar
1918 E Del Mar
1918 E Del Mar
1918 E Del Mar
1918 E Del Mar
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Listed by Annie Lee with Premier Realty [email protected]
$1,800,000

1918 E Del Mar

4,302 Sq.Ft. 7,841 Sq.Ft.

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.

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Location

1918 E Del Mar, Orange, CA 92865

Status

For Sale
Annie Lee

Annie Lee

TITLE

Realtor

LICENSE

01968283

Ethan Baik

Ethan Baik

TITLE

CEO I Broker Associate

LICENSE

01927947

Property Amenities

Interior
Laundry room Common Area
Fireplace None
Appliances Gas Oven, Refrigerator
Area & Lot
Total area 4,302 Sq.Ft.
Lot Area 7,841 Sq.Ft.
Living area 4,302 Sq.Ft.
MLS® ID DW26101770
Year Built 1968
Type Multi-Family
Status For Sale
Exterior
Stories 2
Pool None
Air conditioning Wall/Window Unit(s)
Heat type Forced Air
Water Source Public
Garage Space 5.0
Sewer Public Sewer
Parking Assigned, Garage
Lot Features Level, Paved, Rectangular Lot
Utilities Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Finance
Sales Price $1,800,000
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Schedule a Showing

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Thank you for your interest in 1918 E Del Mar, Orange, CA 92865. We are reviewing your request and will be in touch shortly!

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