$1,695,000
 $9,099 est/mo Sourced by Back At You

1918 E Del Mar,Orange, CA 92865

Orange, CA 92865

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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.

Details

MLS #DW26101770
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1968
Days On Site108
Listing Provided ByPremier Realty | Annie Lee

Features

SQ Feet4,302
Garage5
Story(s)2
Units4
Building(s)1
Acreage0.18

Interior

CoolingWall Window Units
HeatingForced Air
Heating Yes / NoYes
Cooling Yes / NoYes
AppliancesGas Oven, Refrigerator
Fireplace Yes / NoNo

Exterior

Construction MaterialsConcrete
Lot FeaturesLevel, Paved, Rectangular Lot

Parking

Parking FeaturesAssigned, Garage
Garage Yes / NoYes

Utilities

UtilitiesElectricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
ElectricStandard
SewerPublic Sewer

Location

Community FeaturesSidewalks

Area Information

StateCA
CountyOrange
CityOrange
Zip Code92865
Area699 Not Defined
Listing VS Median (in 92865)
Price:
$1,695,000
low | high
Med:
$1,695,000
50% of Average
sqft:
4,302
low | high
Med:
4,302
50% of Average
$ / sqft:
$394
low | high
Med:
$394
50% of Average
On site:
108
low | high
Med:
108
100% of Average
Sourced by Back At You

Market Activity 92865

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Contact

Learn More About This Property

David Hong

David Hong

Coldwell Banker Commercial

02207128 (760) 617-8885david.hong@cbcinland.com
StateCA
CountyOrange
CityOrange
Zip Code92865
Area699 Not Defined
Listing VS Median (in 92865)
Price:
$1,695,000
low | high
Med:
$1,695,000
50% of Average
sqft:
4,302
low | high
Med:
4,302
50% of Average
$ / sqft:
$394
low | high
Med:
$394
50% of Average
On site:
108
low | high
Med:
108
100% of Average
Sourced by Back At You
Listing Updated: August 24, 2026 at 9:13:57 PM PDT