Presented By: Annie Lee with Premier Realty; annie.lee@baikhome.com
MLS# DW26101770
05/07/2026
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Baths • 2
SQFT • 4,302
Garage • 5
Home Details
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 $10,055, plus additional income from onsite community coin laundry. All units are occupied by long-term tenants with a strong payment history, providing immediate and stable cash flow from day one.
Each unit is separately metered for gas and electricity, helping minimize owner expenses and maximize operational efficiency. The property also offers excellent parking with five garage spaces and additional onsite parking, a valuable feature rarely found in multifamily properties of this size.
Recent capital improvements include replacement furnaces in Units A and B, a commercial-sized water heater, and updated common area electrical timer systems.
Ideally located near The Village at Orange, major shopping, dining, schools, employment centers, and convenient access to the 55, 57, and 91 freeways. Strong rental demand, stable in-place income, and future rental upside make this a compelling opportunity for both seasoned and first-time multifamily investors.
Rarely does a fourplex in such a desirable Orange location offer this combination of unit mix, parking, income stability, and long-term investment potential.
Presented By: Annie Lee with Premier Realty; annie.lee@baikhome.com
Interior Features for 1918 E Del Mar
Other Interior Features
Air Conditioning Y/NYes
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 1918 E Del Mar
Additional Parcels Y/NNo
AppliancesGas Oven, Refrigerator
Building Area UnitsSquare Feet
Cap Rate5.7
CityOrange
Community FeaturesSidewalks
Construction MaterialsConcrete
CoolingWall/Window Unit(s)
CountyOrange
Current FinancingConventional
Directions55 Fwy Exit to Katella
ElectricStandard
Electric Expense103
Entry Location1
Garage Spaces5
Garage Y/NYes
Gross Income140400
HOANo
HOA Fee$
HeatingForced Air
Insurance Expense5298
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan
Lot Size Square Feet7841
Lot Size UnitsSquare Feet
MLS Area699 - Not Defined
Net Operating Income102647
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Open Parking Spaces3
Operating Expense37753
Pool FeaturesNone
PostalCityORANGE
Property Attached Y/NYes
Property ConditionTurnkey
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot20
Taxes$22,320
Tenant PaysElectricity, Gas
Total Actual Rent10055
Trash Expense2767
UtilitiesElectricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
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