730 N Adele Street, Orange, California 92867, Orange, 92867 - 0 bed, 0 bath
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Orange, California 92867
This Quadruplex Asset represents a stable investment with a List Price of $1,950,000, aligning perfectly with its $1,950,000 Fair Market Value. Currently maintaining a Condition Rating of 4, the property is well-kept yet offers substantial upside via below-market rents and month-to-month tenancies. The desirable unit mix, featuring a spacious 3-bedroom owner’s unit and six garages, ensures consistent tenant demand in a high-growth Orange County submarket. This property offers rare scalability with the adjacent lot available, making it a strategic acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 730 N Adele Street Subject | $1,885,000* List Price | 0 | 0 | 4,489 | $420 | - |
A 720 N Adele Street Active | $1,885,000 List Price | 0 | 0 | 4,489 | $420 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971 (55 years old), the property is described as well-maintained with 'pride of ownership,' but the age and mention of 'below-market rents' and 'future upside' indicate the units are likely dated and require cosmetic updates to meet modern standards. While functional and occupied, it exceeds the 20-year threshold for dated systems and interiors.
The property features long-term, month-to-month tenants with below-market rents, providing a prime opportunity for investors to immediately increase cash flow and realize substantial future appreciation.
The building includes a spacious 3-bedroom owner's unit with an attached garage and washer/dryer hookups in every unit, features that command premium rents and attract high-quality tenants.
The rare opportunity to purchase the adjacent 4-unit building allows an investor to acquire 8 contiguous units, offering economies of scale and simplified management in a high-demand Orange County submarket.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8276, other record lot size in square feet = 8399.
Due to current below-market rental rates, the property likely produces a lower initial capitalization rate, requiring a transition period before reaching its full income potential.
Realizing the projected upside will require active management to navigate rent increases or tenant turnover, which may involve additional time and potential renovation costs to meet market standards.
Well-maintained Pride of Ownership 4-unit property located in the highly desirable City of Orange near Villa Park. The adjacent property at 720 Adele is also available for sale, offering a rare opportunity to acquire a total of 8 units. Properties may be purchased together or separately, with the advantage of conforming financing available for each building. Ideally situated near shopping centers, restaurants, parks, schools, and churches, this property benefits from strong tenant demand in a sought-after rental market. Convenient access to the 55, 5, and 91 freeways makes commuting throughout Orange County simple and efficient. The unit mix includes a spacious front owner’s unit featuring 3 bedrooms and 2.5 bathrooms with an attached 2-car garage. Two additional units offer 2 bedrooms and 1.5 bathrooms, along with one upstairs unit featuring 2 bedrooms and 1 bathroom. The property includes a total of 6 garages (2 attached, 4 detached), plus additional parking in front of the garages and a recently added parking space in front of the building. Each unit includes washer and dryer hookups, enhancing tenant convenience. The property is currently occupied by long-term, MONTH TO MONTH TENANTS with below-market rents, presenting a significant opportunity for increased income and future upside. Both 720 and 730 Adele share a common driveway, making this an ideal acquisition for a single buyer seeking scale and long-term investment potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,489 | 3,187 | 67% |
| Lot Size | 8,276 | 6,970 | 67% |
| Price | $1.89M | $1.31M | 67% |
| Price per sq ft | $420 | $420 | 50% |
| Built year | 1971 | 1964 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 229 | 33% |
Jun 5, 2026
$1,885,000
$1,890,000
+0% Price Increase
Initial Listing
May 18, 2026
$1,890,000
$1,950,000
-3% Price Drop
Initial Listing
Apr 27, 2026
$1,950,000
Initial Listing
Apr 17, 1989
$275,000
Public Record