Contact Xavier Gomez
Schedule A Showing
181 Waverly Street, Orange, CA 92866
Priced at Only: $3,200,000
For more Information Call
Mobile: 714.478.6676
Address: 181 Waverly Street, Orange, CA 92866
Property Photos

Property Location and Similar Properties
- MLS#: NDP2501382 ( )
- Street Address: 181 Waverly Street
- Viewed: 9
- Price: $3,200,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1922
- Bldg sqft: 0
- Days On Market: 50
- Additional Information
- County: ORANGE
- City: Orange
- Zipcode: 92866
- Provided by: PacBLU
- Contact: Scott Scott
- DMCA Notice
-
Description5 unit apartment RARE opportunity in historic Olde Town Orange community, surrounded by single family homes (El Sondra Apartment Homes). This historic property was built in 1922 as the original migrant farming housing. Completely gut renovated in 2022 with amazing finishes, new electrical, plumbing (including main line sewer), roof, min split AC's, tankless water heater, kitchens and baths (taken down to the studs). Craftsman home in the front that was redesigned for sf and functional improvements including 3 bedrooms and 2 full baths. Attached to the main house are two 1 bedroom/1 bathroom apartments. The rear structure has two 1 bedroom/1 bathroom units. The 2 car garage is detached and has laundry owned inside. Besides the uniqueness of having a multifamily property in a SFR neighborhood, this property lines wrap around the corner house giving additional sf for a great common area in the rear including hot tub and landscape furniture (dining table, chaise lounge chairs) with green screening and overhead lights. This type of property will never happen again in this community. I bought it and re developed for my daughter and 12 girlfriends while attending Chapman (walkable to campus and the Orange circle of restaurants and services). She/they graduated and we leased up the property to market rates. Construction plans available. Mills Act possible for buyer (property tax savings). Buyer to verify all.
Features
Accessibility Features
- None
Appliances
- Dishwasher
- Disposal
- Gas Range
- Gas Water Heater
- High Efficiency Water Heater
- Microwave
- Refrigerator
- Tankless Water Heater
Assessments
- Buyer to Verify
- None
- Unknown
Association Fee
- 0.00
Building Area Total
- 3463.00
Common Walls
- 1 Common Wall
Fuel Expense
- 0.00
Garage Spaces
- 2.00
Insurance Expense
- 2370.00
Laundry Equipment Own Lease
- Own
Laundry Features
- Common Area
- Community
Laundry Income
- 2200.00
Lot Features
- Front Yard
- Lawn
- Irregular Lot
Netoperatingincome
- 110700.00
Newtaxesexpense
- 35200.00
Otherincome1
- 1400.00
Parcel Number
- 38606202
Pool Features
- None
Professionalmanagementexpense
- 11800.00
Sewer
- Public Sewer
Sourcesystemkey
- 400085351:CRP
Totalactualrent
- 14130.00
Totalexpenses
- 59000.00
Trash Expense
- 950.00
Virtual Tour Url
- https://www.propertypanorama.com/instaview/crmls/NDP2501382
Water Sewer Expense
- 1350.00
Water Source
- Mutual Water Companies
Year Built
- 1922
Zoning
- R-1-6

- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com