Orange County Homes with Apartment Subtype

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Newest Orange County Homes with Apartment Subtype

$2,100,000

PW26222716 MLS ⋅ Active Status

1109 S. Standard Avenue is a 10-unit multifamily investment property located on a major thoroughfare in Santa Ana, CA. Constructed with 6,004 net rentable square feet on a 7,303 square foot lot, the asset features a uniform unit mix of ten 1-bedroom / 1-bathroom units, on-site laundry facilities, and 10 open parking spaces. Current ownership has recently completed several capital improvement projects including SB 721 compliance, deck repairs and railing replacements, new windows, new water heater, and new exterior paint, improving curb appeal and helping to minimize near-term capital expenditures. Situated directly next door to Gerardo Mouet Park, offering tenants basketball courts, a skate park, a playground, and exercise areas, the property provides immediate access to community amenities. Held by long-term ownership with a motivated seller, the property is offered at a discounted purchase price due to low current rents, presenting a compelling value-add opportunity with a 62% projected rental upside.

1109 S Standard Avenue, Santa Ana

$2,200,000

PW26222660 MLS ⋅ Active Status

809 S. Townsend Street is a 10-unit, 1961-vintage multifamily asset in Santa Ana totaling 6,840 SF of net rentable area on a 12,240 SF lot. The property is 100% occupied with a mix of six 1BR/1BA and four 2BR/1BA units, each with a private garage plus on-site laundry and ample street parking. Current ownership has recently completed several capital improvement projects including SB 721 compliance, deck repairs, new railings, new windows, and a new water heater, improving curb appeal and helping to minimize near-term capital expenditures. Current rent levels project to have 57% upside, with an 8.5% pro forma cap rate on market rents. Long-term ownership and a motivated seller create a clear value-add path for investors seeking stable in-place income with substantial rental upside in a high-demand Orange County submarket.

809 S Townsend Street, Santa Ana

$1,700,000

OC26222223 MLS ⋅ Active Status

12561 Camus Lane is a 6-unit multifamily investment property located in Stanton, CA. Built in 1964, the property encompasses approximately 5,067 net rentable square feet on a 0.19-acre parcel. The property features a unit mix of 4 one-bed/one-bath units and 2 two-bed/one-bath units, offering floor plans that accommodate a variety of renter needs. Unit #5 is currently vacant and rent ready. Residents benefit from 6 single-car garages, providing one garage space per unit, along with an on-site laundry facility. Select residences also feature private patios, offering additional outdoor living space. The property’s location near Beach Boulevard and Lampson Avenue provides residents with convenient access to an extensive selection of shopping, dining and everyday services. Just south of the property, Rodeo 39 Public Market offers a diverse collection of restaurants, specialty retailers and gathering spaces, while additional grocery stores and neighborhood-serving retail along Beach Boulevard provide everyday conveniences. Residents are also a short drive from The Promenade at Garden Grove, a major shopping destination featuring Walmart, ALDI, Marshalls, Ross Dress for Less, Regal Cinemas and numerous dining establishments. Transportation accessibility further enhances the property’s appeal. Beach Boulevard serves as a major north-south corridor connecting communities throughout western Orange County, while nearby SR-22 provides convenient regional connections to I-405 and I-5. These thoroughfares place employment centers, entertainment destinations and surrounding communities throughout Orange County within reach. Held by the same ownership since 1994, 12561 Camus Lane offers investors the chance to acquire an established 6-unit multifamily property following more than three decades of continuous ownership. Its residential setting, on-site amenities and proximity to major retail destinations and transportation corridors contribute to its long-term investment appeal.

12561 Camus Lane, Stanton

$1,748,000

OC26221672 MLS ⋅ Coming Soon Status

Turnkey 6-Unit multifamily investment opportunity in Anaheim featuring an attractive unit mix of (4) 2 bedroom, 1 bath and (2) 1 bedroom, 1 bath units. The property offers three two car garages, a strong 7.00% actual CAP rate, and extensive recent improvements including a new roof, updated plumbing and electrical systems, and high-end designer finishes throughout. An excellent opportunity for an investor seeking a stabilized, upgraded asset with strong in place cash flow.

715 N Anna Drive, Anaheim

$1,750,000

PW26220397 MLS ⋅ Active Status

Discover this high quality fourplex featuring four spacious 2-bedroom, 2-bathroom apartments. The property offers a desirable unit configuration with two ground-floor residences and two upper-level residences, providing a functional layout for a variety of tenant needs. Conveniently located in close proximity to Oak View Elementary School, the property offers a location-oriented advantage for residents. The building has been exceptionally well maintained and has stable long term tenants. Parking is a valuable amenity, with four covered carport spaces and two additional parking spaces, offering a total of six parking spaces for the property. On site laundry facilities are also present. A compelling opportunity for investors seeking multifamily income potential in an established Orange County residential community. This multifamily property presents an excellent opportunity to add a four-unit asset to an investment portfolio in Huntington Beach.

7761 Mandrell Drive, Huntington Beach

$2,540,000

PW26219588 MLS ⋅ Active Status

Excellent opportunity to acquire a 10-unit multifamily building on the border of Santa Ana and Tustin. Located at 549 N Tustin Ave, this multifamily asset was built in 1976. It offers ten large and well maintained 1 bedroom + 1 bathroom units. The building boasts a total of 7,040 gross rentable square feet and is part of a community of 35 similar buildings. The complex is managed by an HOA which staffs an on-site management office. Gated access, two pool areas, a large playground, off-street parking and on-site laundry facilities make the property particularly appealing for renters and landlords. The property conveniently located right on the border of Santa Ana and Tustin with onramps to both the 55 and 5 freeways a couple of minutes away. The property is walking distance to Subway Restaurant, Country Café, Noodle Place and more. Just to the North of the property are multiple hospitals and medical clinics offering convenient care and job opportunities. Sports fans will find the location particularly appealing due to its convenient location about fifteen minutes by car to The Honda Center and Angel Stadium. For the right investor, this multifamily asset represents a the perfect opportunity to generate years of steady cash flow with minimal management or maintenance responsibilities. With the HOA handling management, maintenance and leasing this is the perfect passive investment for an owner who is looking for a completely hands-off ownership experience. As units turn over, the upside in rental income will be easily achievable.

549 N Tustin Avenue, Santa Ana

$29,500,000

OC26219542 MLS ⋅ Active Status

Rare 80 unit, single story multifamily community on 5.17 contiguous acres in Placentia. The property is 96.25% occupied and offers a 5.80% current underwritten cap rate. Unit mix consists of 79 two bedroom, one bath residences and one one bedroom, one bath plus office. Every unit includes a private enclosed patio, with two parking spaces per residence, including one covered space. Community amenities include a swimming pool, playground, on site laundry, and guest parking. Approximately $834,426 has been invested in capital improvements and major repairs since 2023, including replacement of all property electrical panels, interior renovations, plumbing work, appliance and HVAC replacements, and site improvements. The offering provides a straightforward mark to market opportunity through natural turnover, potential conversion of existing rooms and structures into approximately 2 to 4 ADUs, and long term redevelopment optionality under R 3 zoning. Immediate access to SR 57 and SR 91, near Cal State Fullerton, schools, employment centers, shopping, and the Platinum Triangle. Buyer to independently verify all property, financial, ADU, zoning, and redevelopment information.

140 W Orangethorpe Avenue, Placentia

$2,975,000

PW26219394 MLS ⋅ Active Status

409-415 E. Pine Street is a 12-unit multifamily property located in Santa Ana, CA, offering investors an opportunity to acquire a well-located Orange County asset. Built in 1983, the property consists of two contiguous parcels totaling 8,628 square feet of rentable area situated on a 14,000 square foot lot. The community features a desirable unit mix of four 1BR/1BA units and eight 2BR/1BA units, along with amenities including on-site laundry, gated entry, individual water heaters, and patios/balconies in select units. Recent capital improvements include roof restoration, HVAC replacements, water heater replacement, and interior updates to select units. The property is offered at a 6% CAP Rate on current income with 25% rental upside, providing investors with additional growth potential through continued upgrades, turnover, and rent increases.

409 E Pine Street, Santa Ana

$7,500,000

PW26219075 MLS ⋅ Active Status

We are proud to present the Walnut Apartments; a pride of ownership 22 unit apartment community located in a prime La Habra, Orange County location. The subject property possess an excellent and diverse unit mix of: 7 (3+1.75), 10 (2+1), and 5 (1+1). Additionally, all of the units are separately metered for gas and electric, plus are RUBS are in place with the tenants offsetting landlord utility bills and improving cash flow. There is is also a common laundry room providing the landlord with additional income. The subject property electrical system has been upgraded with newer exterior electrical panels and interior sub panels for all units - a key upgrade required for securing property insurance. Some of the units have been renovated with a combination of new kitchens with new cabinetry, counter tops and fixtures and new bathrooms. Some units have private patios which is a highly coveted tenant amenity along with a sparking pool. Please see attached supplements for marketing brochure containing additional information: rent roll, operating expenses and photos. The Walnut Apartments are being offered at an in place 5.36% CAP rate and 11.3 GRM, with upside to a 6.4 CAP rate and 10.08 GRM on proforma rents, ensuring immediate, and future, returns for a savvy multifamily investor.

911 N Walnut Street, La Habra

$5,795,000

OC26218525 MLS ⋅ Active Status

The property consists of (20) 1 Bedroom / 1 Bath units situated on two parcels of land, with a large central courtyard that may provide potential for multiple ADUs. The property offers 24 total parking spaces, including 10 two-car garages and four additional spaces. The garages may also provide future ADU conversion potential, creating an opportunity to add units and enhance long-term value. Ideally located just 0.9 miles from Cal State Fullerton and approximately 2.1 miles from Downtown Fullerton, the property benefits from strong rental demand and excellent long-term investment appeal.

2312 Commonwealth, Fullerton

$2,300,000

OC26217842 MLS ⋅ Active Status

16672 Dolores Lane is a 4-unit multifamily property located near Huntington Harbour in Huntington Beach, CA. Built in 1973, 16672 Dolores Lane features an exclusively 2-bed/2-bath unit mix with approximately 4,377 net rentable square feet on a 0.19-acre parcel. The residences average approximately 1,094 square feet and include 1 ground-level unit, 2 second-level units and a larger two-story residence with 2 private balconies that could appeal to an owner-user. Extensive renovations have been completed in 3 of the 4 residences, including quartz countertops, wood-vinyl flooring, remodeled bathrooms, updated cabinetry and new light fixtures. Additional building improvements include upgraded electrical sub-panels, outlets and switches; plumbing improvements; replacement of wall heaters; deck repairs and resurfacing; exterior repainting with related stucco and trim repairs; and roof resealing and certification.

16672 Dolores Lane, Huntington Beach

$1,575,000

NP26216295 MLS ⋅ Active Status

Fully occupied triplex in central Costa Mesa offering in-place income with roughly 18% rental upside. The property consists of two 2-bed/1-bath units and one 2-bed/1.5-bath two-story townhouse, totaling approx. 2,785 SF on a 6,500 SF lot. Current rents are below market, giving an investor a clear path to increase income as units turn. No utility bill-back program is currently in place, providing an immediate opportunity to implement RUBS. Low operating expenses help preserve cash flow as rents move to market. Garage parking on site. Ideally located near Baker St. retail, TeWinkle Park, South Coast Plaza, Orange Coast College, and quick access to the 405 and 55 freeways.

1383 Baker, Costa Mesa

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.