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1908 E Coral Ave 4 Unit Apartment Building $1,795,000 ($448,750/Unit) 4.30% Cap Rate Orange, CA 92865

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INVESTMENT HIGHLIGHTS

  • Large 4,231 Square Foot 4 Plex
  • Two Units Recently Renovated
  • Patios, Balconies, A/C, Laundry
  • 2 and 3 Bedrooms
  • (5) Garages & (4) Open Spaces
  • Highly Motivated Seller

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $115,080 $27.20
Other Income $1,200 $0.28
Vacancy Loss $3,488 $0.82
Effective Gross Income $112,792 $26.66
Taxes - -
Operating Expenses - -
Total Expenses $35,889 $8.48
Net Operating Income $76,903 $18.18

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $115,080
Annual Per SF $27.20
Other Income
Annual $1,200
Annual Per SF $0.28
Vacancy Loss
Annual $3,488
Annual Per SF $0.82
Effective Gross Income
Annual $112,792
Annual Per SF $26.66
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $35,889
Annual Per SF $8.48
Net Operating Income
Annual $76,903
Annual Per SF $18.18

PROPERTY FACTS

Price $1,795,000
Price Per Unit $448,750
Sale Type Investment
Cap Rate 4.30%
Gross Rent Multiplier 15.44
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.21 AC
Building Size 4,231 SF
Average Occupancy 100%
No. Stories 2
Year Built 1973
Parking Ratio 2.13/1,000 SF
Zoning R-3, Orange

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Fireplace
  • Patio

SITE AMENITIES

  • Courtyard
  • Laundry Facilities
Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
372-312-30
Land Assessment
$1,541,130 (2025)
Improvements Assessment
$209,863 (2025)
Total Assessment
$1,750,993 (2025)
  • Listing ID: 38645069

  • Date on Market: 12/3/2025

  • Last Updated:

  • Address: 1908 E Coral Ave, Orange, CA 92865

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