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Sold for $1,764,000
  • Listed by: American Home Realty • Britt Nelson • Contact: 714-335-6744
    Bought with: Keller Williams Realty Irvine
    $1,764,000

    720 N Adele St, Orange, CA 92867

    9beds
    8baths
    4,489sqft
    Quadruplex
    Built in 1971
    -- sqft lot
    $-- Zestimate®
    $393/sqft
    $3,012 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,012/mo

    Zestimate® history
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    What's special

    Well-maintained Pride of Ownership 4-unit property located in the highly desirable City of Orange near Villa Park. The adjacent property at 730 Adele is also available for sale, offering a rare opportunity to acquire a total of 8 units. Properties may be purchased together or separately, with the advantage of conforming financing available for each building. Ideally situated near shopping centers, restaurants, parks, schools, and churches, this property benefits from strong tenant demand in a sought-after rental market. Convenient access to the 55, 5, and 91 freeways makes commuting throughout Orange County simple and efficient. The unit mix includes a spacious front owner’s unit featuring 3 bedrooms and 2.5 bathrooms with an attached 2-car garage. Two additional units offer 2 bedrooms and 1.5 bathrooms, along with one upstairs unit featuring 2 bedrooms and 1 bathroom. The property includes a total of 6 garages (2 attached, 4 detached), plus additional parking in front of the garages and a recently added parking space in front of the building. Each unit includes washer and dryer hookups, enhancing tenant convenience. The property is currently occupied by long-term, MONTH TO MONTH TENANTS with below-market rents, presenting a significant opportunity for increased income and future upside. Both 720 and 730 Adele share a common driveway, making this an ideal acquisition for a single buyer seeking scale and long-term investment potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Britt Nelson DRE #00780177 714-335-6744,

    American Home Realty,

    Jonathan Nelson DRE #01963756 949-394-3974,

    American Home Realty

    Bought with:

    Dale Cheema, DRE #00893619

    Keller Williams Realty Irvine

    Source: CRMLS,MLS#: OC26088586MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 8
    Heating
    • Central, Natural Gas, Wall Furnace
    Cooling
    • Electric, Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher, Disposal, Gas Range
    • Laundry: Washer Hookup, Gas Dryer Hookup, Inside
    Features
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,489
    • Total interior livable area: 4,489 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Assigned, Door-Multi, Door-Single, Garage
    • Garage spaces: 6
    • Uncovered spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 8,276 Square Feet
    • Features: 0-1 Unit/Acre, Sprinklers In Front, Sprinklers Timer, Sprinkler System
    Details
    • Parcel number: 38317522
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Electric: Electricity - On Property, Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Park, Street Lights, Sidewalks
    • Subdivision: Unknown
    Location
    • Region: Orange

    Financial & listing details

    • Price per square foot: $393/sqft
    • Tax assessed value: $550,562
    • Annual tax amount: $6,828
    • Date on market: 4/27/2026
    • Cumulative days on market: 46 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
    • Total actual rent: 7715
    • Tenant pays: Electricity, Gas
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/7/2026Sold$1,764,000-6.4%$393/sqft
    Source: CRMLS #OC26088586 Report a problem
    6/15/2026Contingent$1,885,000$420/sqft
    Source: CRMLS #OC26088586 Report a problem
    6/2/2026Listed for sale$1,885,000-0.3%$420/sqft
    Source: CRMLS #OC26088586 Report a problem
    5/29/2026Contingent$1,890,000$421/sqft
    Source: CRMLS #OC26088586 Report a problem
    5/16/2026Price change$1,890,000-3.1%$421/sqft
    Source: CRMLS #OC26088586 Report a problem
    4/28/2026Listed for sale$1,950,000$434/sqft
    Source: CRMLS #OC26088586 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $550,562 +2%
    2025$6,828 +2.4%$539,767 +2%
    2024$6,668 +2.4%$529,184 +2%
    2023$6,513 +2.1%$518,808 +2%
    2022$6,379 +2.7%$508,636 +2%
    2021$6,212 +1%$498,663 +1%
    2020$6,154 $493,550 +2%
    2019$6,154 +1.1%$483,873 +2%
    2018$6,085 +5.5%$474,386 +2%
    2017$5,765 $465,085 +2%
    2016$5,765 +1.9%$455,966 +1.5%
    2015$5,659 +3.7%$449,117 +2%
    2014$5,457 $440,320 +0.5%
    2013-- $438,330 +2%
    2012-- $429,736 +2%
    2011-- $421,310 +0.8%
    2010-- $418,162 -0.2%
    2009-- $419,157 +2%
    2008-- $410,939 +2%
    2007-- $402,882 +2%
    2006-- $394,983 +2%
    2005-- $387,239 +2%
    2004-- $379,647 +1.9%
    2003-- $372,689 +2%
    2002-- $365,382 +2%
    2001$3,851 +1.9%$358,218 +2%
    2000$3,778 $351,195
    Find assessor info on the county website

    Neighborhood: 92867

    Nearby schools

    GreatSchools rating
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