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1918 E Del Mar, Orange, CA 92865

  • $1,695,000

  • bed

  • bath

Multi-family for sale 62 days
$105K price drop
Movoto is helping 34 homebuyers near you

About 1918 E Del Mar

Property type Multi-family
Year built 1968
HOA fee $0/month
Lot size 7,841 Sqft
Movoto estimate
Parking 5 garage spaces
Rental estimate
Property 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 properties 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.
Listed by
Listing Agent - Annie Lee
Listing Agent Contact: Annie.lee@baikhome.com
Listing Office - Premier Realty
Source: CRMLS mls logo
MLS#DW26101770 • last updated 3 weeks ago
Movoto checked CRMLS for data 12 minutes ago
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Overview
Levels/Style Two
Type Residential Income
SubType Quadruplex
Status Active
Lot Size (Acres) 0.18
Lot Size (SqFt) 7841
Year Built 1968
Condition Turnkey
Interior
Laundry Community
Appliances Refrigerator, Gas Oven
Exterior
Construction Concrete
Building Area Square Feet, 4302
Parking Garage, Assigned
# Uncovered Spaces 3
# Parking Spaces 8
# Garage Spaces 5
Lot Description Paved, Rectangular Lot, Level
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric Standard
Pool None
Location
County Orange
Community Features Sidewalks
Directions 55 Fwy Exit To Katella
APN 37213110
Multifamily Details
Expense: Trash 2767
Laundry Income 1200
Operating Expense 37753
Cap Rate 5.7
Expense: Insurance 5298
Total Expenses 37753
Expense: Water/ Sewer 2131
Gross Income 140400
Expense: Electric 103
Gross Scheduled Income 140400
Expense: Gardener 103
Lot/ Land Details
Road Frontage Access Road
Road Surface Paved
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8/10
6/10
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Source: GreatSchools.org © 2026. All rights reserved.

Around the neighborhood

Explore everything this neighborhood has to offer.
72/100
Walk
90/100
Family
93/100
Dining
97/100
Pet
  • Real Estate
  • CA
  • Orange County
  • Orange
  • 92865
  • 1918 E Del Mar

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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