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1918 E Del Mar

Orange, CA 92865

$1,695,000 $7,146/Mo

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Overview

Bed

Bath

4,302

Sqft

7,841

Sqft(Lot)

Description

Excellent investment opportunity in the highly desirable City of Orange. This well-maintained fourplex features an attractive unit mix of one spacious 3-bedroom, 2-bath unit and three 2-bedroom, 2-bath units, offering strong tenant demand and long-term rental stability. Current gross monthly income is approximately $10,055, plus additional income from onsite community coin laundry. All units are occupied by long-term tenants with a strong payment history, providing immediate and stable cash flow from day one. Each unit is separately metered for gas and electricity, helping minimize owner expenses and maximize operational efficiency. The property also offers excellent parking with five garage spaces and additional onsite parking, a valuable feature rarely found in multifamily properti es of this size. Recent capital improvements include replacement furnaces in Units A and B, a commercial-sized water heater, and updated common area electrical timer systems. Ideally located near The Village at Orange, major shopping, dining, schools, employment centers, and convenient access to the 55, 57, and 91 freeways. Strong rental demand, stable in-place income, and future rental upside make this a compelling opportunity for both seasoned and first-time multifamily investors. Rarely does a fourplex in such a desirable Orange location offer this combination of unit mix, parking, income stability, and long-term investment potential.

Property Details

Property Type : ResidentialIncome

Price : $1,695,000

AD Id : 84979692

MLS Id : DW26101770

Beds : 7

Lot Size : 7,841 Sqft

Living Area Size : 4,302

Year Built : 1968

Garage : 5

County : Orange

Map

What's Nearby

Nearby Areas

Features

Interior Features

Appliances: Gas Oven, Refrigerator

Laundry Features: Common Area
Heating & Cooling

Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Wall/Window Unit(s)

Building Information

Year Built: 1968

Building Area Total: 4302

Construction Materials: Concrete

Stories: 2

Pool Features: None

Private Pool: No

Lot Information

Main Square Feet: 7841 Lot Size Acres: 0.18 Lot Size Source: Assessor Lot Size Square Feet: 7,841 Lot Description: Level,Paved,Rectangular Lot

Listing Price Information

Listing Price: $1695000

Original Price: $1800000

Cash, Cash to New Loan

Tax Information

Parcel Number: 37213110 Tax Lot: 20

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 8 Assigned, Garage

Garage Information

Has Garage: Yes Garage Space: 5

Utility Information

Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Location Information

Direction: 55 Fwy Exit to Katella WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1404 E Sail Avenue, Orange, CA, 92865	$1,200,000	5	5	2,542	2,542 SqFt
2695 N Canal Street, Orange, CA, 92865	$1,200,000	5	5	2,520	2,520 SqFt
2659 N Canal Street, Orange, CA, 92865	$1,200,000	5	5	2,540	2,540 SqFt
312 E Meats, Orange, CA, 92865	$1,175,000	7	4	2,744	2,744 SqFt

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ByOwner last updated this listing 07/23/2026 @ 00:56

MLS: DW26101770 LISTED BY: Annie Lee, Premier Realty 714-732-2170 SOURCE: CRMLS