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Presented By: Britt Nelson with American Home Realty; 714-335-6744
Well-maintained Pride of Ownership 4-unit property located in the highly desirable City of Orange near Villa Park. The adjacent property at 720 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 ownerās 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.
Presented By: Britt Nelson with American Home Realty; 714-335-6744
Air Conditioning Y/NYes
Common WallsNo Common Walls
Fireplace FeaturesLiving Room
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesWasher Hookup, Gas Dryer Hookup, Inside
Total Stories2
Entry Level1
Additional Parcels Y/NNo
AppliancesGas Cooktop, Disposal, Gas Oven
Building Area UnitsSquare Feet
Cap Rate5.22
CityOrange
Community FeaturesBiking, Park, Street Lights, Suburban, Sidewalks
Construction MaterialsStucco
ContingencyDrive by Only! DO NOT DISTURB TENANTS. Viewing of property subject to an accepted offer.
CoolingElectric, Wall/Window Unit(s)
CountyOrange
Current FinancingNone
DirectionsFrom 55 Fwy go East on Katella, South on Wanda, East on Collins, South on Adele
ElectricStandard
Electric Expense500
Entry Location1
Fuel Expense300
Garage Spaces6
Garage Y/NYes
Gross Income91320
HOANo
HOA Fee$
HeatingCentral, Natural Gas, Wall Furnace
Insurance Expense1800
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange, Fannie Mae
Lot Size Square Feet8276
Lot Size UnitsSquare Feet
MLS Area75 - Orange, Orange Park Acres E of 55
Net Operating Income61704
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Open Parking Spaces1
Operating Expense29616
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityORANGE
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Stories Count2
Subdivision Nameunknown
Tax Annual Amount8962
Tax Lot37
Taxes$23,400
Tenant PaysElectricity, Gas
Total Actual Rent7610
Trash Expense1200
UtilitiesCable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
ViewNone
Water Sewer Expense1216
Year Built1971
Year Built SourceAssessor
Building Area Total4489
Foundation DetailsSlab
Lot Features0-1 Unit/Acre, Sprinklers In Front, Sprinklers Timer, Sprinkler System
Lot Size Acres0.19
Lot Size Area8276
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Parking FeaturesAssigned, Door-Multi, Door-Single, Garage, Garage Door Opener
Private PoolNo
Road Frontage TypeCity Street
Road Surface TypePaved
SpaNo
Total Parking7
Water SourcePublic
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Price
$1,890,000
MLS#OC26088590
List Date
04/26/2026
Property Type
Multi-Family
Phone
(562) 818-1655