$1,235,000
$50K PRICE DROP

Estimated payment $7,951/month

Total Views 7,498
8 Beds
4 Baths
3,150 Sq Ft
$392 Price per Sq Ft

About This Home

This property at 2718 W. McFadden Avenue appears to be a textbook example of a turnkey investment with long-term upside. The unit mix—four identical 2-bed/1-bath—is ideal for stable cash flow, and the fact that four units have upgraded kitchens and bathrooms.
All four units have their own Electric and gas meter, and a carport.
If you’re planning to hold this long-term, it’s the kind of asset that can quietly build wealth year after year.

Listing Agent

Christopher Nguyen

Professional R.E. Center, Inc. Brokerage Phone: 949-444-4184 License #01478705 Listed on: 06/21/2025

Professional R.E. Center, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 3,150 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Utilities

  • Private Sewer

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 3423
  • Assessor Parcel Number 40703102

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,546
  • Trash Expense $3,240
  • Water Sewer Expense $3,408
  • Operating Expense $6,840
  • Gross Income $66,600
  • Net Operating Income $59,760

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • CapRate: 5.18
  • Other Phone Description: 714-261-8421
  • Price Per Unit: 308750
  • Property Attached: No
  • Subdivision Name Other: Other (OTHR)/
  • Water Sewer Expenses: 3408.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 40703102
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 392.06
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Private Sewer
  • Trash Expense: 3240.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 66600.00
  • Gross Operating Income: 66600.00
  • Gross Scheduled Income: 66600.00
  • Insurance Expense: 1546.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 59760.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 6840.00
  • Rent Control: Yes
  • Total Expenses: 6840.00

Tax Info

  • Tax Census Tract: 748.03
  • Tax Lot: 3
  • Tax Tract Number: 3423

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2025 08/16/25 For Sale $1,235,000 +0.5% $392 / Sq Ft
08/14/2025 08/14/25 Off Market $1,229,000 -- --
08/12/2025 08/12/25 Price Changed $1,229,000 -0.8% $390 / Sq Ft
08/07/2025 08/07/25 For Sale $1,239,000 0.0% $393 / Sq Ft
08/05/2025 08/05/25 Off Market $1,239,000 -- --
08/03/2025 08/03/25 Price Changed $1,259,000 +0.8% $400 / Sq Ft
07/29/2025 07/29/25 For Sale $1,249,000 0.0% $397 / Sq Ft
07/28/2025 07/28/25 Off Market $1,249,000 -- --
07/11/2025 07/11/25 Price Changed $1,265,000 -1.6% $402 / Sq Ft
06/21/2025 06/21/25 For Sale $1,285,000 +102.4% $408 / Sq Ft
08/29/2014 08/29/14 Sold $635,000 -2.3% $202 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
07/04/2014 07/04/14 For Sale $650,000 -- $206 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25138368

California Regional Multiple Listing Service (CRMLS)

APN: 407-031-02