Excellent investment opportunity in the highly desirable City of Orange. This well-maintained fourplex features an attractive unit mix of one spacious 3-bedroom, 2-bath unit and three 2-bedroom, 2-bath units, offering strong tenant demand and long-term rental stability.
Current gross monthly income is approximately $10,055, plus additional income from onsite community coin laundry. All units are occupied by long-term tenants with a strong payment history, providing immediate and stable cash flow from day one.
Each unit is separately metered for gas and electricity, helping minimize owner expenses and maximize operational efficiency. The property also offers excellent parking with five garage spaces and additional onsite parking, a valuable feature rarely found in multifamily properties of this size.
Recent capital improvements include replacement furnaces in Units A and B, a commercial-sized water heater, and updated common area electrical timer systems.
Ideally located near The Village at Orange, major shopping, dining, schools, employment centers, and convenient access to the 55, 57, and 91 freeways. Strong rental demand, stable in-place income, and future rental upside make this a compelling opportunity for both seasoned and first-time multifamily investors.
Rarely does a fourplex in such a desirable Orange location offer this combination of unit mix, parking, income stability, and long-term investment potential.
Listed by Annie Lee
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License #01968283
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Premier Realty
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annie.lee@baikhome.com
Listed by Ethan Baik
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License #01927947
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Premier Realty
Last updated June 16, 2026
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Source: CRMLS #DW26101770
Listing Facts
TypeMulti-family
NeighborhoodAnaheim-Santa Ana-Garden Grove
Days on Prevu37
Amenities
Parking
Location
Mortgage Calculator
Listing History
06/16/2026
Price Decreased
$1,695,000
05/10/2026
Listed by Premier Realty
$1,800,000
Property Details for 1918 E Del Mar
Association
Amenities
Community Features: Sidewalks
Exterior
Construction
Number Of Units Total: 4
Property Attached: Yes
Property Condition: Turnkey
Stories: 2
Stories Total: 2
Year Built: 1968
Common Walls: 2+ Common Walls
Construction Materials: Concrete
Entry Level: 1
Entry Location: 1
Measurements
Building Area Total: 4,302
Building Area Units: Square Feet
Lot Features: Level, Paved, Rectangular Lot
Lot Size Acres: 0.18
Lot Size Area: 7,841
Lot Size Source: Assessor
Lot Size Square Feet: 7,841
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.7
Gross Income: $140,400.00
Operating Expense: $37,753.00
Taxes
Parcel Number: 37213110
Interior
Features
Appliances: Gas Oven, Refrigerator
Other
Location
Tax Lot: 20
Parking
Parking
Garage Spaces: 5
Garage: Yes
Open Parking Spaces: 3
Parking Features: Assigned, Garage
Parking Total: 8
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Has Cooling: Yes
Electric: Standard
Heating: Forced Air
Has Heating: Yes
Laundry Features: Common Area
Sewer: Public Sewer
Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1918 E Del Mar.
Does this multi-family home have parking?
Yes, there are 5 parking spaces available for 1918 E Del Mar.
How does 1918 E Del Mar compare to other multi-family homes in Anaheim-Santa Ana-Garden Grove?
This multi-family home is listed 22% below the average price for multi-family homes in Anaheim-Santa Ana-Garden Grove and has been on the market for 24 less days than the typical home in this area.
1918 E Del Mar is a -bedroom multi-family home for sale in Orange CA 92865. Available on Prevu for 37 days at $1,695,000. This includes a recent price decrease of $105,000. This property is located in Anaheim-Santa Ana-Garden Grove. The median listing price for multi-family homes in this area is $1,124,000. Property amenities include parking. Explore more multi-family home listings in Orange County.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.