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720 N Adele St, Orange, CA, 92867

9beds
8baths
4,489sqft
$1,950,000
$434price/sqft
$13,195/moest. monthly cost
$527,800/yrincome needed

About This Home

Well-maintained Pride of Ownership 4-unit property located in the highly desirable City of Orange near Villa Park. The adjacent property at 730 Adele is also available for sale, offering a rare opportunity to acquire a total of 8 units. Properties may be purchased together or separately, with the advantage of conforming financing available for each building. Ideally situated near shopping centers, restaurants, parks, schools, and churches, this property benefits from strong tenant demand in a sought-after rental market. Convenient access to the 55, 5, and 91 freeways makes commuting throughout Orange County simple and efficient. The unit mix includes a spacious front owner’s unit featuring 3 bedrooms and 2.5 bathrooms with an attached 2-car garage. Two additional units offer 2 bedrooms and 1.5 bathrooms, along with one upstairs unit featuring 2 bedrooms and 1 bathroom. The property includes a total of 6 garages (2 attached, 4 detached), plus additional parking in front of the garages and a recently added parking space in front of the building. Each unit includes washer and dryer hookups, enhancing tenant convenience. The property is currently occupied by long-term, MONTH TO MONTH TENANTS with below-market rents, presenting a significant opportunity for increased income and future upside. Both 720 and 730 Adele share a common driveway, making this an ideal acquisition for a single buyer seeking scale and long-term investment potential.

Getting Around

41
WalkingCar-Dependent
23
TransitMinimal Transit
75
BikeVery Bikeable

Schools

7/10
Handy Elementary SchoolGrades K-60.4 mi
6/10
Yorba Middle SchoolGrades 6-81.2 mi
5/10
Orange High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1971

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Range
  • Laundry features: Washer Hookup,Gas Dryer Hookup,Inside

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 8

Features

  • Fireplace features: Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,Natural Gas,Wall Furnace
  • Cooling features: Electric,Wall/Window Unit(s)

Interior Area

  • Total structure area: 4,489
  • Total interior livable area: 4,489 sqft

Property

Details

  • Parcel number: 38317522
  • Special condition: Trust

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 8,276 sqft
  • Features: 0-1 Unit/Acre,Sprinklers In Front,Sprinklers Timer,Sprinkler System

Parking

  • Total spaces: 7
  • Parking features: Assigned,Door-Multi,Door-Single,Garage
  • Has garage: Yes
  • Attached garage spaces: 6
  • Covered spaces: 6
  • Uncovered spaces: 1