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Orange, CA

$1,695,000

1918 E Del Mar, Orange, CA
1968
Built
38
Days listed

About this home

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.

Facts & features

Interior
Appliances
Gas Oven, Refrigerator
Fireplace
None
Heating
Forced Air
Cooling
Wall Window Units
Laundry
Common Area
Levels
Two
Exterior & lot
Lot size
0.18 acres (7,841 sq ft)
Pool
None
Year built
1968
Parking
Assigned, Garage
Parking spaces
8
Community
Area
699 - Not Defined
County
Orange
Community features
Sidewalks
Listing details
Status
Active
Property type
Quadruplex
Days on market
38
Listed
2026-05-07
Original price
$1,800,000
Terms
Cash, Cash To New Loan
Parcel #
37213110
MLS #
DW26101770
Listed by
Annie Lee · Premier Realty

Location

Price history

Listed
$1,800,000 · 2026-05-07
Price reduced
$1,695,000 (−$105,000)
Days on market
38
Current price
$1,695,000
Financing

Could this home be yours?

Estimated monthly payment
$10,633
$8,571 principal & interest · $2,062 taxes & insurance
$339,000
Estimate only
Loan $1,356,000

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Listing data provided by CRMLS

Listing courtesy of Premier Realty. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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