1918 E Del Mar Orange, CA 92865
7,840 Sqft Lot
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
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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