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720 N Adele Street

Orange, CA 92867
  • $1,950,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: OC26088586
$1,950,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1971
County:

School Ratings & Info

Listing Agent(s): Britt Nelson of American Home Realty (949-448-0961) and Jonathan Nelson of American Home Realty(949-448-0961)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-10T00:37:38.39. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
www.inlandempiresold.com/homes/175850467
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720 N Adele Street Orange, CA 92867

  • Price: $1,950,000
  • Status: Active
  • On Site: 12 Days
  • ID#: OC26088586
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1971
Built
Neighborhood:
Unknown
County:
Orange
Area:
75 - Orange, Orange Park Acres E of 55
Property Description
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.
Exterior Features

Construction Materials Stucco Entry Level 1 Entry Location 1 Foundation Details Slab Lot Features 0-1 Unit/AcreSprinklers In FrontSprinklers TimerSprinkler System Number Of Separate Electric Meters 5 Open Parking Spaces 1 Parking Features AssignedDoor-MultiDoor-SingleGarage Parking Total 7 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DishwasherDisposalGas Range Common Walls No Common Walls Cooling ElectricWall/Window Unit(s) Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Heating CentralNatural GasWall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingParkStreet LightsSidewalks Contingency Drive by Only! DO NOT DISTURB TENANTS. Viewing of property subject to an accepted offer. Current Financing Conventional Electric Electricity - On PropertyStandard Electric Expense 500 Fuel Expense 300 Garage YN Yes Gross Income 92580 Gross Scheduled Income 92580 Insurance Expense 1800 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupInside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 Exchange Net Operating Income 68705 New Construction YN No New Taxes Expense 23400 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 29616 Possession Close Of Escrow Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Tax Annual Amount 6828 Tenant Pays ElectricityGas Total Actual Rent 7715 Trash Expense 1200 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Sewer Expense 1216 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-10T00:37:38.39. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
 
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RE/MAX Empire Properties
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Hemet CA, 92545
Listing Agent(s): Britt Nelson of American Home Realty (949-448-0961) and Jonathan Nelson of American Home Realty(949-448-0961)