Orange County Homes with Quadruplex Subtype

Orange County Homes with Quadruplex Subtype

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Newest Orange County Homes with Quadruplex Subtype

241 Avenida Serra, San Clemente
$3,125,000
PW26221604 MLS ⋅ Active Status
Exceptional fourplex investment opportunity in the heart of San Clemente! Located at 241 Avenida Serra, this fully occupied Spanish-style property features four spacious 2-bedroom, 2-bathroom units, each approximately 1,200 square feet. Each unit enjoys its own private balcony and TWO dedicated parking spaces, providing a total of EIGHT parking spaces—an incredible advantage in this desirable coastal community where beachside parking is at a premium! Showcasing classic Spanish architecture with a red tile roof, charming archways, and attractive landscaping, the property offers timeless coastal appeal. The generously sized units feature bright living spaces, functional kitchens, ample storage, and newer flooring. Additional improvements include upgraded electrical panels, while convenient on-site coin-operated laundry provides an additional income opportunity. All four units are currently rented, generating $12,400 per month or $148,800 annually in gross scheduled rental income. With estimated market rents of approximately $3,650 per unit, there is potential to increase gross rental income to $175,200 annually, representing $26,400 in potential annual upside, subject to applicable rental regulations. Ideally located near San Clemente's beautiful beaches, iconic pier, Avenida Del Mar shopping and dining, and scenic coastal trails, this property offers the coastal lifestyle tenants desire. With spacious floor plans, private outdoor spaces, valuable dedicated parking, existing income, and future rental upside, 241 Avenida Serra is a compelling opportunity to own a multifamily investment in one of Orange County's most sought-after beach communities!

241 Avenida Serra, San Clemente

9941 11th Street, Garden Grove
$1,842,643
OC26213340 MLS ⋅ Active Status
Exceptional Garden Grove fourplex situated on an expansive 9,583-square-foot lot, offering extensive recent improvements, spacious apartments, and a beautifully remodeled vacant unit. Built in 1978, this approximately 4,120-square-foot property features one 3-bedroom, 2-bath apartment and three 2-bedroom, 1-bath apartments, with each unit getting a one car garage + driveway parking and an on-site laundry room. The generous lot, attractive landscaping, freshly painted exterior, and new driveway create inviting curb appeal and a spacious setting. Significant improvements include a new roof in 2021, plus a new hot water heater, updated electrical systems for all four units, a new driveway, an automated sprinkler system, and exterior building paint in 2026. Upstairs Unit C has been completely remodeled with a new kitchen, bathrooms, flooring, and interior paint. Its bright, welcoming interior showcases white kitchen cabinetry, light-colored quartz countertops, recessed lighting, wood laminate luxury vinyl flooring, and stylish bathrooms with an illuminated mirrors. An expansive private balcony with newly waterproofed surfaces provides ample space for outdoor relaxation and entertaining. Both ground floor units have private back yards. Both upstair units have private balconies. Currently vacant, Unit C offers flexibility for an owner-occupant or an investor seeking to select a new tenant. Enjoy a convenient location near the vibrant shopping, dining, and cultural destinations of Little Saigon, including Asian Garden Mall, also known as Phuoc Loc Tho. Nearby Bolsa Avenue and Brookhurst Street offer an outstanding selection of Vietnamese restaurants, cafés, bakeries, specialty markets, and everyday services. Schools, Garden Grove Park, Mile Square Regional Park, and easy access to the 22 Freeway further enhance the location. With three occupied apartments, a freshly remodeled vacant unit, substantial building improvements, and a generous 9,583-square-foot lot, this property presents a compelling opportunity to establish or expand any Orange County real estate portfolio.

9941 11th Street, Garden Grove

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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.