1918 E Del Mar Ave Orange, CA 92865
Estimated payment $10,496/month
Highlights
- No HOA
- Cooling System Mounted To A Wall/Window
- 5 Car Garage
- Villa Park High School Rated A
- Forced Air Heating System
- Turnkey
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.
Listing Agent
Premier Realty Brokerage Email: annie.lee@baikhome.com License #01968283 Listed on: 05/10/2026
Co-Listing Agent
Premier Realty Brokerage Email: annie.lee@baikhome.com License #01927947
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1968
Lot Details
- 7,841 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
- Paved or Partially Paved Lot
- Level Lot
Parking
- 5 Car Garage
- 3 Open Parking Spaces
- Parking Available
- Assigned Parking
Home Design
- Quadruplex
- Entry on the 1st floor
- Turnkey
- Pre-Cast Concrete Construction
Interior Spaces
- 4,302 Sq Ft Home
- 2-Story Property
- Gas Oven
- Laundry in unit
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
Listing and Financial Details
- Tax Lot 20
- Tax Tract Number 5086
- Assessor Parcel Number 37213110
- $1,111 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $103
- Gardener Expense $103
- Insurance Expense $5,298
- Trash Expense $2,767
- Water Sewer Expense $2,131
- New Taxes Expense $22,320
- Operating Expense $37,753
- Gross Income $140,400
- Net Operating Income $102,647
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $16,304 | $1,434,222 | $1,109,493 | $324,729 |
| 2024 | $15,942 | $1,406,100 | $1,087,738 | $318,362 |
| 2023 | $15,587 | $1,378,530 | $1,066,410 | $312,120 |
| 2022 | $15,283 | $1,351,500 | $1,045,500 | $306,000 |
| 2021 | $14,860 | $1,325,000 | $1,025,000 | $300,000 |
| 2020 | $13,519 | $1,196,460 | $1,028,245 | $168,215 |
| 2019 | $13,352 | $1,173,000 | $1,008,083 | $164,917 |
| 2018 | $13,150 | $1,150,000 | $988,316 | $161,684 |
| 2017 | $9,245 | $801,789 | $605,968 | $195,821 |
| 2016 | $9,070 | $786,068 | $594,086 | $191,982 |
| 2015 | $8,938 | $774,261 | $585,162 | $189,099 |
| 2014 | $8,748 | $759,095 | $573,700 | $185,395 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/16/2026 06/16/26 | Price Changed | $1,695,000 | -5.8% | $394 / Sq Ft | |
| 05/10/2026 05/10/26 | For Sale | $1,800,000 | +35.8% | $418 / Sq Ft | |
| 09/03/2020 09/03/20 | Sold | $1,325,000 | 0.0% | $308 / Sq Ft | View Prior Sale |
| 08/01/2020 08/01/20 | Pending | -- | -- | -- | |
| 07/30/2020 07/30/20 | Off Market | $1,325,000 | -- | -- | |
| 07/24/2020 07/24/20 | For Sale | $1,325,000 | 0.0% | $308 / Sq Ft | |
| 07/21/2020 07/21/20 | Off Market | $1,325,000 | -- | -- | |
| 07/17/2020 07/17/20 | For Sale | $1,399,000 | +5.6% | $325 / Sq Ft | |
| 07/07/2020 07/07/20 | Off Market | $1,325,000 | -- | -- | |
| 06/26/2020 06/26/20 | For Sale | $1,399,000 | +21.7% | $325 / Sq Ft | |
| 12/21/2017 12/21/17 | Sold | $1,150,000 | -4.1% | $267 / Sq Ft | View Prior Sale |
| 11/25/2017 11/25/17 | Pending | -- | -- | -- | |
| 09/06/2017 09/06/17 | For Sale | $1,199,000 | -- | $279 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW26101770
APN: 372-131-10
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Ask me questions while you tour the home.