1908 E Coral Avenue, Orange, California 92865, Orange, - bed, bath

home-pic
ACTIVE$1,795,000
1908 E Coral Avenue, Orange, California 92865
0Bed
0Bath
4,231Sqft
9,148Lot
Year Built
1973
Close
-
List price
$1.79M
Original List price
$1.79M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25095818
Home ConditionFair
Features
View-

About this home

An exceptional opportunity to acquire a well-maintained four-unit multifamily property, ideally located in the vibrant city of Orange. Built in 1965, this income-producing asset features a desirable mix of spacious 2 and 3 bedroom units, each averaging over 1,100 square feet — offering tenants comfortable, home-like living in a highly sought-after rental market. Perfectly situated near popular retail centers, restaurants, schools, and churches, the property enjoys strong local demand and tenant appeal. Commuters will appreciate the convenient access to the 55, 5, and 91 Freeways, making travel throughout Orange County and beyond a breeze. This is an ideal opportunity for investors seeking steady cash flow, future upside potential, and pride of ownership in a prime location. With a highly motivated seller, this property won't last long — don’t miss your chance to add a solid performer to your portfolio!

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (6 Listings)
Beds00
Baths00
Square foot4,2313,462
57%
Lot Size9,1489,148
50%
Price$1.79M$1.39M
71%
Price per square foot$424$424
50%
Built year19731966
86%
HOA
Days on market189197
43%
Condition Rating
Fair

The property was built in 1973. The images show the exterior is aged but maintained. It likely requires minor updates or repairs to modernize the units. Given the age, major components are likely functional but outdated.
Pros & Cons

Pros

Income Potential: The property is a four-unit multifamily building, providing immediate income potential through rental revenue.
Spacious Units: Each unit averages over 1,100 square feet, offering tenants comfortable and desirable living spaces.
Prime Location: Located in Orange, the property is near retail centers, restaurants, schools, and churches, increasing tenant appeal.
Convenient Commute: Easy access to the 55, 5, and 91 Freeways facilitates travel throughout Orange County and beyond.
Motivated Seller: A highly motivated seller presents an opportunity for negotiation and potentially favorable terms.

Cons

Age of Property: Built in 1973, the property may require updates and renovations to meet modern standards and tenant expectations.
Condition Score: The property condition is assessed as 'Fair', suggesting the need for minor updates or repairs to modernize the units.
Potential for Deferred Maintenance: Given the age, there is a possibility of deferred maintenance issues that could require immediate attention and investment.

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