$1,649,000

4002 W El Rancho Ave Orange, CA 92868

Morrison Park Neighborhood

Estimated payment $10,391/month

2 Beds
2 Baths
4,276 Sq Ft
$386 Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Level Lot
  • Laundry Room

About This Home

Welcome to 4002 W El Rancho, an excellent opportunity to acquire a well maintained 4 unit building in Orange. This income producing asset is ideally located near popular retail shopping, restaurants, colleges, and the vibrant areas of Old Towne Orange and Floral Park. With strong tenant appeal, convenient access to freeways, this is an ideal opportunity for investors looking for a steady cash flow and potential for more! The building is comprised of 4 , 2 bedroom, 1.5 bathroom townhome style units each at 1069 sq ft. Each unit has their own private outdoor patio, shared garage parking, additional assigned parking space, and indoor laundry per unit. This building is NOT on leased land.

Listing Agent

Tina Horgan

Kastell Real Estate Group Brokerage Phone: 714-323-4979 License #02021419 Listed on: 09/24/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,900 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,276 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 3210
  • Assessor Parcel Number 23125306
  • Seller Considering Concessions

Community Details

Overview

  • 4 Units
  • Palm Tree Garden Association

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $348
  • Fuel Expense $1,704
  • Insurance Expense $6,500
  • Trash Expense $2,412
  • Water Sewer Expense $7,176
  • Operating Expense $45,084
  • Net Operating Income $65,208

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 412250
  • Property Attached: Yes
  • Water Sewer Expenses: 7176.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 23125306
  • Year Built: 1963
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 385.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 2412.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association Fee: 335.00
  • Association Name: Palm Tree Garden
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 6900.00
  • Lot Size Acres: 0.1584

Rental Info

  • Tenant Pays: Gas, Trash Collection

Multi Family

  • Average2 Bed Area: 1069 Square Feet
  • Electric Expense: 348.00
  • Fuel Expense: 1704.00
  • Gross Scheduled Income: 110292.00
  • Insurance Expense: 6500.00
  • Lot Size Area: 6900.0000 Square Feet
  • Net Operating Income: 65208.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 45084.00
  • Other Income1: 1269.00
  • Other Income2: 1626.00
  • Other Income Description: RUBS Gas, trash
  • Rent Control: No
  • Total Expenses: 45084.00

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 3210

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
09/24/2025 09/24/25 For Sale $1,649,000 -- $386 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25224505

California Regional Multiple Listing Service (CRMLS)

APN: 231-253-06

California Orange County Orange 92868 Morrison Park

4002 W El Rancho Ave, Orange, CA

This home is located at 4002 W El Rancho Ave, Orange, CA 92868 and is currently priced at $1,649,000, approximately $385 per square foot. This property was built in 1963. 4002 W El Rancho Ave is a home located in Orange County with nearby schools including Lampson Elementary School, Portola Middle School, and Orange High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including 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

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Tina Horgan
Listing Agent
Tina Horgan
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Kastell Real Estate Group
(657) 213-3865