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Orange, CA 92866 402 W Fairway Drive

$2,200,000

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Presented By: Enrique Triana with Realty One Group West; 949-502-1127
  • MLS# PW23151168
  • 10/05/2023
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  • BedBeds • 9
  • BathBaths • 8
  • FootageSQFT • 4,800
  • GarageGarage • 4

Home Details

This impressive quadruplex presents a prime investment opportunity near the heart of Old Town Orange. This property offers both convenience and potential. Property Features; Four units total, including three spacious 2-bedroom, 2-bathroom units and one generous 3-bedroom, 2-bathroom unit all with their own enclosed patios. Well-maintained interiors with ample living space, each unit features comfortable living areas and kitchens. Private garages for tenants convenience. This quadruplex is a smart addition to your investment portfolio, offering steady rental income potential in a highly desirable location. The proximity to University / College ensures a steady stream of potential tenants. Located near Old Town Orange, known for its historic charm and vibrant atmosphere. Close to shopping, dining, and entertainment options.
Presented By: Enrique Triana with Realty One Group West; 949-502-1127

Interior Features for 402 W Fairway Drive

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesPrimaryBedroom, Outside
Fireplace Y/NYes
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixDrive
Total Stories2

Other Rooms

Entry Level1

General for 402 W Fairway Drive

AccessibilityParking
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityOrange
Community FeaturesStreetLights, Sidewalks, Urban
Construction MaterialsCopperPlumbing
Contingencyn/a
CountyOrange
Current FinancingConventional
Days on Market181
DirectionsSouth of La Veta, West of Glassell St..
Electric Expense240.0
Entry LocationFront Door
Garage Spaces4.0
Garage Y/NYes
Gross Income7600.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense225.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsSubmit
Lot Size Square Feet8276.0
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
Net Operating Income5613.67
New ConstructionNo
Number of Units Leased4
Operating Expense1986.33
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerSewerTapPaid
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameFairway
Tax Lot26
Total Actual Rent7600.0
Total Units4
Trash Expense276.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
View Y/NNo
Water Sewer Expense162.5
Waterfront Y/NNo
Year Built1962
Year Built SourceAssessor
ZoningR-M-7

Exterior for 402 W Fairway Drive

Building Area Total4800.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel
Lot Size Acres0.19
Lot Size Area8276.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Open Parking Y/NNo
Parking FeaturesDoorSingle, Garage
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,200,000
MLS#PW23151168
List Date 10/05/2023
Property Type Multi-Family
Phone 714.964.3311
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*According to the National Association of Realtors