1908 E Coral Avenue, Orange, California 92865, Orange, 92865 - bed, bath

1908 E Coral Avenue, Orange, California 92865 home-pic-0
ACTIVE$1,795,000
1908 E Coral Avenue, Orange, California 92865
0Bed
0Bath
4,231Sqft
9,148Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Strong Income Potential: Described as an 'income-producing asset' offering 'steady cash flow' and 'future upside potential' in a high-demand rental market.
Top Cons:
Property Age: Built in 1965, indicating potential for aging infrastructure (e.g., plumbing, electrical, HVAC) that may require significant future upgrades or maintenance.

Compared to the nearby listings

Price:$1.79M vs avg $1.75M (+$45,000)60%
Size:4,231 sqft vs avg 4,231 sqft50%
Price/sqft:$424 vs avg $40860%

More Insights

Built in 1973 (52 years old).
Condition: The property, built in 1973 (or 1965 per description), shows clear evidence of recent and significant updates, particularly in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, dark countertops, subway tile backsplash, stainless steel appliances, and recessed lighting. Bathrooms have updated vanities, modern fixtures, and clean tile work. Flooring throughout includes modern laminate/vinyl plank and clean carpets. Walls are freshly painted. While the core structure is older, the visible interior components are well-maintained and appear to have been extensively renovated within the last 5-15 years, making it move-in ready with no immediate renovation required.
Year Built
1973
Close
-
List price
$1.79M
Original List price
$1.79M
Price/Sqft
$424
HOA
-
Days on market
-
Sold On
-
MLS number
PW25095818
Home ConditionGood
Features
View-

About this home

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!

Condition Rating
Good

The property, built in 1973 (or 1965 per description), shows clear evidence of recent and significant updates, particularly in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, dark countertops, subway tile backsplash, stainless steel appliances, and recessed lighting. Bathrooms have updated vanities, modern fixtures, and clean tile work. Flooring throughout includes modern laminate/vinyl plank and clean carpets. Walls are freshly painted. While the core structure is older, the visible interior components are well-maintained and appear to have been extensively renovated within the last 5-15 years, making it move-in ready with no immediate renovation required.
Pros & Cons

Pros

Strong Income Potential: Described as an 'income-producing asset' offering 'steady cash flow' and 'future upside potential' in a high-demand rental market.
Strategic Location: Situated in a vibrant area of Orange with proximity to retail, dining, schools, and churches, plus excellent freeway access (55, 5, 91).
Generous Unit Sizes: Features spacious 2 and 3 bedroom units, each averaging over 1,100 sq ft, appealing to a broad tenant base seeking comfortable living.
Well-Maintained Condition: Property is explicitly stated as 'well-maintained,' potentially reducing immediate capital expenditure for a new owner.
High Rental Demand: Benefits from 'strong local demand and tenant appeal' in a 'highly sought-after rental market,' ensuring consistent occupancy.

Cons

Property Age: Built in 1965, indicating potential for aging infrastructure (e.g., plumbing, electrical, HVAC) that may require significant future upgrades or maintenance.
Limited Financial Transparency: The listing lacks specific details on current rental income, occupancy rates, or operating expenses, which are critical for investor analysis.
Unspecified Modern Amenities: No mention of key modern amenities such as in-unit laundry, central air conditioning, or dedicated parking, which could be a competitive disadvantage or future upgrade cost.

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