1908 E Coral Ave Orange, CA 92865
Estimated payment $11,128/month
Highlights
- Laundry Room
- Forced Air Heating System
- Dog Park
- Villa Park High School Rated A
- Bike Trail
- Rectangular Lot
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 upsidepotential, 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!
Listing Agent
Morgan Skenderian Brokerage Email: rma@morganskenderian.com License #01273871 Listed on: 12/05/2025
Co-Listing Agent
Morgan Skenderian Brokerage Email: rma@morganskenderian.com License #01942627
Property Details
Home Type
- Apartment
Year Built
- Built in 1973
Lot Details
- 9,119 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Parking
- 4 Open Parking Spaces
- 5 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 4,231 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Additional Features
- Rain Gutters
- Forced Air Heating System
Listing and Financial Details
- Tax Lot 7
- Tax Tract Number 8403
- Assessor Parcel Number 37231230
- $1,074 per year additional tax assessments
Community Details
Recreation
- Dog Park
- Bike Trail
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,472
- Fuel Expense $1,472
- Gardener Expense $1,800
- Insurance Expense $4,231
- Maintenance Expense $3,884
- Trash Expense $1,471
- Water Sewer Expense $1,471
- New Taxes Expense $20,089
- Operating Expense $35,889
- Gross Income $116,280
- Net Operating Income $76,902
Additional Features
- 4 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,226 | $1,750,993 | $1,541,130 | $209,863 |
| 2024 | $19,226 | $1,716,660 | $1,510,911 | $205,749 |
| 2023 | $18,801 | $1,683,000 | $1,481,285 | $201,715 |
| 2022 | $18,437 | $1,650,000 | $1,452,240 | $197,760 |
| 2021 | $8,467 | $714,161 | $480,700 | $233,461 |
| 2020 | $8,388 | $706,839 | $475,771 | $231,068 |
| 2019 | $8,290 | $692,980 | $466,442 | $226,538 |
| 2018 | $8,166 | $679,393 | $457,296 | $222,097 |
| 2017 | $7,842 | $666,072 | $448,329 | $217,743 |
| 2016 | $7,695 | $653,012 | $439,538 | $213,474 |
| 2015 | $7,582 | $643,204 | $432,936 | $210,268 |
| 2014 | $7,422 | $630,605 | $424,455 | $206,150 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2025 12/05/25 | For Sale | $1,795,000 | -- | $424 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25271471
APN: 372-312-30
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