Orange, CA 92865 1908 E Coral Avenue
$1,730,000
Pending
2 more
Presented By: Rick Applebaum with Morgan Skenderian; rma@morganskenderian.com
Baths • 1
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 upsidepotential, 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
Common WallsNo Common Walls
Heating Y/NYes
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 1908 E Coral Avenue
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate4.73
CityOrange
Community FeaturesBiking, Curbs, Dog Park, Gutter(s)
CountyOrange
DirectionsWest of the 55 Freeway and South of Meats Avenue
Electric Expense1472
Entry LocationStreet
Fuel Expense1472
Garage Spaces5
Garage Y/NYes
Gross Income120780
HeatingForced Air
Insurance Expense4231
Land Lease Y/NNo
LevelsTwo
Listing TermsCash to New Loan
Lot Size Square Feet9119
Lot Size UnitsSquare Feet
MLS Area699 - Not Defined
MaintenanceExpense3515
Net Operating Income81824
New ConstructionNo
Number Of Units Total4
Open Parking Spaces4
Operating Expense35332
Pool FeaturesNone
PostalCityORANGE
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories Count2
Tax Lot7
Taxes$19,400
Trash Expense1471
Water Sewer Expense1471
Year Built1973
Year Built SourceAssessor
Exterior for 1908 E Coral Avenue
Building Area Total4231
Lot FeaturesRectangular Lot
Lot Size Acres0.2093
Lot Size Area9119
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Private PoolNo
Total Parking9
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®