This complex has ten (10) 2-bd, 2-ba units all occupied by same tenants for 10+ years. 5 units on each side of complex with common area yard in between the buildings. 3 units upstairs on each side and 2 units downstairs on each side. Downstairs units have private patios and upstairs units have balconies. Some units have minor updates but most are in good condition. Each unit has a 1-car garage and 1 assigned parking spot in parking lot. Two washers and two dryers in common area laundry room are leased and maintained by National Service Company. Current owner pays for gardener, pest control, water and trash services. It is believed the construction is 1993 but buyer should verify year built. With improvements, rents can be increased to market rates which are substantially higher than the current rents, huge upside on this property.
Sold for $3,115,000
Listed by: Seven Gables Real Estate • John Muirhead • Contact: 714-501-3783
Bought with: Seven Gables Real Estate
$3,115,000
875 N Olive St, Orange, CA 92867
20beds
20baths
--sqft
Mixed Use
Built in 1993
-- sqft lot
$-- Zestimate®
$--/sqft
$1,630 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,630/mo
Zestimate® history
Owner options
List your home for rent
$1,630/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,630/mo
Rent Zestimate®
Refinance and save
$20,860/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$20,860/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
John Muirhead DRE #00961702 714-501-3783,
Seven Gables Real Estate,
Heather Vuncanon DRE #02090328,
Seven Gables Real Estate
Bought with:
Heather Vuncanon, DRE #02090328
Seven Gables Real Estate
Source: CRMLS,MLS#: OC25036781
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 20
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Range, Refrigerator
- Laundry: Common Area
Features
- Flooring: Carpet
- Has fireplace: Yes
- Fireplace features: Bath, Dining Room, Kitchen, Living Room
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 20
- Parking features: Garage, One Space
- Garage spaces: 10
- Uncovered spaces: 10
Accessibility
- Accessibility features: Parking
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: Courtyard
Lot
- Size: 0.44 Acres
- Features: Sprinklers In Front
Details
- Parcel number: 38643419
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1993
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Orange
Financial & listing details
- Annual tax amount: $18,669
- Date on market: 2/20/2025
- Cumulative days on market: 4 days
- Listing terms: Cash,Conventional,1031 Exchange
- Total actual rent: 200700
- Tenant pays: Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2025 | Sold | $3,115,000 |
Source:  CRMLS #OC25036781 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 92867
Nearby homes
- $--2 bd2 ba850 sqft875 N Olive St APT G, Orange, CA 92867Off Market
- $--2 bd2 ba850 sqft875 N Olive St APT E, Orange, CA 92867Off Market
- $--2 bd2 ba850 sqft875 N Olive St APT A, Orange, CA 92867Off Market
- $--2 bd2 ba850 sqft875 N Olive St APT C, Orange, CA 92867Off Market
- $--2 bd2 ba850 sqft875 N Olive St #J, Orange, CA 92867Off Market
- $--2 bd2 ba850 sqft875 N Olive St APT K, Orange, CA 92867Off Market
- $--2 bd2 ba850 sqft875 N Olive St #F, Orange, CA 92867Off Market
- $--2 bd2 ba850 sqft875 N Olive St APT H, Orange, CA 92867Off Market
Nearby schools
GreatSchools rating
- 7/10California Elementary SchoolGrades: K-6Distance: 0.7 mi
- 6/10Yorba Middle SchoolGrades: 7-8Distance: 0.6 mi
- 5/10Orange High SchoolGrades: 9-12Distance: 0.5 mi
- California
- Orange County
- Orange
- 92867
- 875 N Olive St
