402 West Fairway Drive

Orange, CA 92866

$2,200,000
Price
9
Beds
8
Baths
4,800 Sq. Ft.
$458 / Sq. Ft.
4,800
Sq. Ft.
$458
per Sq. Ft.

Description

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...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.
  1. Listed by Enrique Triana • DRE #01738261 • Brokerage DRE #01896421 • Realty One Group West • 949-502-1127

Property Details for 402 West Fairway Drive

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4800
Assessor Parcel Number
390-631-17
Property Attached YN
true

Location

Listing Courtesy of Realty One Group West, Enrique Triana, DRE #01738261
Add your commute
LISTING UPDATED: 04/03/2024 06:57 AM

Property Details for 402 West Fairway Drive

StatusActive
MLS #PW23151168
Days on Market240
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1962
Lot Size0.19 AC / 8,276 SF
CountyOrange County

Location

Listing Courtesy of Realty One Group West, Enrique Triana, DRE #01738261
Add your commute

Building Information for 402 West Fairway Drive

Stories2Residences-Year Built1962Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$13,242 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,006

Property Taxes

$1,236

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 402 West Fairway Drive

Income / Expense / Tax Details
Income Details
  • Gross Income: $7,600
  • Gross Scheduled Income: $7,600
  • Net Operating Income: $5,614
  • Laundry Income: $150
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $1,986
  • Electric Expense: $240
  • Insurance Expense: $225
  • Other Expense: $1,083
  • Other Expense Description: Property
  • Trash Expense: $276
  • Water Sewer Expense: $163
  • Total Expenses: $1,986
Tax / Assessment Info
  • Tax Tract Number: 5127
  • Tax Census Tract: 759.02
  • CFD/Mello-Roos Fee: $1,006
  • Tax Lot: 26
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Interior Features: Copper Plumbing Full
  • Room Type: Laundry
  • Laundry: Yes
  • Laundry Features: Common Area
  • Fireplace Features: Primary Bedroom, Patio
  • Fireplace Rooms: Patio
Exterior Features
  • Entry Location: Front Door
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage, Garage - 1 Car
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Garage, Garage - Single Door
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,750
  • Unit Type Total Rent: $1,750
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 0
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 0
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Property History for 402 West Fairway Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 402 West Fairway Drive

Taxable ValueLand$1,063,952Additions$249,562Total$1,313,514
Tax Record2023$14,827 ($1,236 / month)
Home Facts
Total Finished SqFt5,079 SqFtAbove Grade Finished SqFt5,079 SqFtStories2Lot Size8,376 SqFtStyleDuplexYear Built1966CountyORANGEAPN390-631-17

Schools near 402 West Fairway Drive

This home is within Orange Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Fairhaven Elementary School
PublicK to 6

Portola Middle School
Public6 to 8

Orange High School
Public9 to 12

Richland Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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402 West Fairway Drive is a multi-family home for sale in Orange, CA 92866. This property was listed for sale on October 4, 2023 by Realty One Group West, it's currently listed at $2,200,000. It has been on the market for a total of 240 days and was last sold on April 28, 2006. This listing's school district is Orange Unified School District. Nearby schools include Fairhaven Elementary School, Portola Middle School and Orange High School. 402 West Fairway Drive is a 9-bed, 8-bath, 4,800 sqft multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty One Group West, Enrique Triana, DRE #01738261

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.