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.
For sale
Listed by: Premier Realty • Annie Lee • Contact: annie.lee@baikhome.com
Price cut: $105K (6/16)
$1,695,000
1918 E Del Mar Ave, Orange, CA 92865
9beds
8baths
4,302sqft
Quadruplex
Built in 1968
-- sqft lot
$-- Zestimate®
$394/sqft
$-- HOA
What's special
- 121 days
- 762
- 34
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Annie Lee DRE #01968283 annie.lee@baikhome.com,
Premier Realty,
Ethan Baik DRE #01927947 714-882-9212,
Premier Realty
Source: CRMLS,MLS#: DW26101770
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 8
Heating
- Forced Air
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Oven, Refrigerator
- Laundry: Common Area
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,302
- Total interior livable area: 4,302 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned, Garage
- Garage spaces: 5
- Uncovered spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 7,841 Square Feet
- Features: Level, Paved, Rectangular Lot
Details
- Parcel number: 37213110
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Concrete
Condition
- Turnkey
- New construction: No
- Year built: 1968
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Orange
Financial & listing details
- Price per square foot: $394/sqft
- Tax assessed value: $1,462,906
- Date on market: 5/10/2026
- Cumulative days on market: 122 days
- Listing terms: Cash,Cash to New Loan
- Total actual rent: 10055
- Tenant pays: Electricity, Gas
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$4,846/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Listed for sale | $1,695,000$394/sqft |
Source: | ||
| 8/21/2026 | Contingent | $1,695,000$394/sqft |
Source: | ||
| 6/16/2026 | Price change | $1,695,000-5.8%$394/sqft |
Source: | ||
| 5/11/2026 | Listed for sale | $1,800,000+35.8%$418/sqft |
Source: | ||
| 9/3/2020 | Sold | $1,325,000$308/sqft |
Source: | ||
| 8/3/2020 | Pending sale | $1,325,000$308/sqft |
Source: Realty Executives-Premier #PW20124042 Report a problem | ||
| 7/24/2020 | Price change | $1,325,000-5.3%$308/sqft |
Source: Realty Executives-Premier #PW20124042 Report a problem | ||
| 6/26/2020 | Listed for sale | $1,399,000+21.7%$325/sqft |
Source: Realty Executives-Premier #PW20124042 Report a problem | ||
| 12/21/2017 | Sold | $1,150,000-4.1%$267/sqft |
Source: Public Record Report a problem | ||
| 11/27/2017 | Pending sale | $1,199,000$279/sqft |
Source: Vanguard Property Group #PW17206371 Report a problem | ||
| 11/16/2017 | Listed for sale | $1,199,000$279/sqft |
Source: Vanguard Property Group #PW17206371 Report a problem | ||
| 11/2/2017 | Pending sale | $1,199,000$279/sqft |
Source: Vanguard Property Group #PW17206371 Report a problem | ||
| 9/19/2017 | Listed for sale | $1,199,000$279/sqft |
Source: Vanguard Property Group #PW17206371 Report a problem | ||
| 9/13/2017 | Pending sale | $1,199,000$279/sqft |
Source: Vanguard Property Group #PW17206371 Report a problem | ||
| 9/6/2017 | Listed for sale | $1,199,000+87.3%$279/sqft |
Source: Vanguard Property Group #PW17206371 Report a problem | ||
| 5/21/2003 | Sold | $640,000+145.2%$149/sqft |
Source: Public Record Report a problem | ||
| 10/31/1997 | Sold | $261,000+20.8%$61/sqft |
Source: Public Record Report a problem | ||
| 9/22/1997 | Sold | $216,000$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,462,906 +2% |
| 2025 | $16,302 +2.3% | $1,434,222 +2% |
| 2024 | $15,940 +2.3% | $1,406,100 +2% |
| 2023 | $15,587 +2% | $1,378,530 +2% |
| 2022 | $15,283 +2.8% | $1,351,500 +2% |
| 2021 | $14,860 +9.9% | $1,325,000 +10.7% |
| 2020 | $13,519 | $1,196,460 +2% |
| 2019 | $13,519 +1.2% | $1,173,000 +2% |
| 2018 | $13,352 +44.4% | $1,150,000 +43.4% |
| 2017 | $9,245 | $801,789 +2% |
| 2016 | $9,245 +1.9% | $786,068 +1.5% |
| 2015 | $9,070 +3.7% | $774,261 +2% |
| 2014 | $8,748 | $759,095 +0.5% |
| 2013 | -- | $755,665 +2% |
| 2012 | -- | $740,849 +2% |
| 2011 | -- | $726,323 +0.8% |
| 2010 | -- | $720,895 -0.2% |
| 2009 | -- | $722,609 +2% |
| 2008 | -- | $708,441 +2% |
| 2007 | -- | $694,550 +2.4% |
| 2006 | -- | $678,285 +2% |
| 2005 | -- | $664,986 +2% |
| 2004 | -- | $651,948 +126.6% |
| 2003 | -- | $287,748 +2% |
| 2002 | -- | $282,106 +2% |
| 2001 | $3,028 +1.9% | $276,575 +2% |
| 2000 | $2,971 | $271,152 |
Find assessor info on the county website
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Neighborhood: 92865
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