Orange, CA 92865 1908 E Coral Avenue

1908 E Coral Avenue Orange, CA - Image 11908 E Coral Avenue Orange, CA - Image 21908 E Coral Avenue Orange, CA - Image 3
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1908 E Coral Avenue Orange, CA - Image 41908 E Coral Avenue Orange, CA - Image 51908 E Coral Avenue Orange, CA - Image 6
Presented By: Rick Applebaum with Morgan Skenderian; rma@morganskenderian.com
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PW25095818
  • 04/30/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 9
  • Baths • 7
  • SQFT • 4,231
  • Garage • 5

Home Details

An exceptional opportunity to acquire a well-maintained four-unit multifamily property, ideally located in the vibrant city of Orange. Built in 1965, this income-producing asset features a desirable mix of spacious 2 and 3 bedroom units, each averaging over 1,100 square feet — offering tenants comfortable, home-like living in a highly sought-after rental market. Perfectly situated near popular retail centers, restaurants, schools, and churches, the property enjoys strong local demand and tenant appeal. Commuters will appreciate the convenient access to the 55, 5, and 91 Freeways, making travel throughout Orange County and beyond a breeze. This is an ideal opportunity for investors seeking steady cash flow, future upside potential, and pride of ownership in a prime location. With a highly motivated seller, this property won't last long — don’t miss your chance to add a solid performer to your portfolio!
Presented By: Rick Applebaum with Morgan Skenderian; rma@morganskenderian.com

Interior Features for 1908 E Coral Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 1908 E Coral Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.29
Carport Y/NNo
CityOrange
Community FeaturesPark, StreetLights, Suburban, Sidewalks
CoolingWallWindowUnits
CountyOrange
DirectionsWest of the 55 Freeway and North of Taft Avenue
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationStreet
Fuel Expense0.0
Garage Spaces5.0
Garage Y/NYes
Gross Income116280.0
HOANo
Home Warranty Y/NNo
Insurance Expense4231.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan
Lot Size Square Feet9148.0
Lot Size UnitsSquareFeet
MLS Area72 - Orange & Garden Grove, E of Harbor, N of 22 F
MaintenanceExpense3384.0
MobileHomeRemainsYNNo
Net Operating Income76937.0
New ConstructionNo
Number Of Units Total4
Open Parking Spaces4.0
Operating Expense35855.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameOther
Tax Lot7
Taxes$20,054
Total Actual Rent117480.0
Trash Expense2943.0
Water Sewer Expense2943.0
Year Built1973
Year Built SourcePublicRecords
ZoningR3

Exterior for 1908 E Coral Avenue

Building Area Total4231.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.21
Lot Size Area9148.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesGarage, OnSite
Private PoolNo
SpaNo
Total Parking9.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,795,000
MLS#PW25095818
List Date 04/30/2025
Property Type Multi-Family
Phone 714.742.6515
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