402 W Fairway Drive Orange, CA ^$ 2,200,000

402 W Fairway Drive

^$ 2,200,000

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402 W Fairway Drive

Orange, CA, 92866

^$ 2,200,000

Bedrooms9 Baths8.0 Sq 4,800

Monthly Estimate*

^$ 14,622

Listed by Realty One Group West

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402 W Fairway Drive, Orange, CA 92866 - Image 7

402 W Fairway Drive, Orange, CA 92866 - Image 8

402 W Fairway Drive, Orange, CA 92866 - Image 9

402 W Fairway Drive, Orange, CA 92866 - Image 10

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402 W Fairway Drive, Orange, CA 92866 - Image 12

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Multi-Family Home for sale in Orange, CA

for $2,200,000 with 9 bedrooms and 8 full baths. This 4,800 square foot home was built in 1962 on a lot size of 0.19.

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.

Multi-Family Active

Price

^$ 2,200,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.19

Year Built

1962

Town/City

Orange

County/Region

Orange

MLS | Web ID

PW23151168

Days on Market

241

Features

General

Sewer SewerTapPaid

Utilities CableAvailable ElectricityConnected NaturalGasConnected PhoneAvailable SewerConnected WaterConnected

Possession CloseOfEscrow

Zoning R-M-7

HOA 0.0

Garage Spaces 4.0

Pool Features None

Construction Materials CopperPlumbing

Year Built 1962

Stories 2

Levels Two

Property SubType Quadruplex

Gross Income 7600.0

Community Features StreetLights Sidewalks Urban

Accessibility Parking

County Orange

Net Operating Income 5613.67

Operating Expense 1986.33

Insurance Expense 225.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency n/a

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions South of La Veta West of Glassell St..

City Orange

Entry Location Front Door

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 4

MLS Area 699 - Not Defined

Lot Size Units SquareFeet

Lot Size Square Feet 8276.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 4

Street Name Fairway

Listing Terms Submit

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 240.0

Home Warranty Y/N N

Current Financing Conventional

Trash Expense 276.0

Water Sewer Expense 162.5

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 181

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 26

Total Actual Rent 7600.0

Property Sub Type Additional Quadruplex

Exterior

Parking Features DoorSingle Garage

Lot Features Level

Water Source Public

Total Parking 4.0

Lot Size Area 8276.0

Number of Buildings 1

Spa N

Building Area Total 4800.0

Lot Size Acres 0.19

Lot Size Source Assessor

Number of Separate Water Meters 4

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features PrimaryBedroom Outside

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N Y

Street Suffix Drive

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 402

* Excluded Features

List By

Realty One Group West

Broker

(714) 602-2600

Phone

Affordability Calculator

$14,622

Per Month

Monthly Principal & Interest: $14,622
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Orange, CA

Average List Price ^$2,002,000

Percent of Sale Price 9%

About Orange, CA

138,709 Population

6% Since 2002

^$80,921 Median Income

37.02 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/6/2023	$2,200,000		Listed Price

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402 W Fairway Drive, Orange, CA, 92866 is a Multi-Family Home for sale at $2,200,000 with 4,800 sqft and a lot size of 0.19. 402 W Fairway Drive has 9 bedrooms, 8.0 baths, and was built in 1962. The property's zip code is 92866 which is in Orange, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/1/2024. 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.

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402 W Fairway Drive

Multi-Family Home for sale in Orange, CA

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