181 189 N Waverly St, Orange, CA 92866 | For Sale

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For Sale $3,200,000

$3,200,000
  • (0)
  • 5 Units
  • Unknown Sq Ft
  • 7,495 Sq Ft
  • Unknown Cap Rate

Description

Trophy 5 unit apartment community in the heart of Olde Town Orange. Completely re-constructed down the studs with City of Orange plans in 2021-22 (all new systems including electric, plumbing, sewer, insulation, roof, interiors with fantastic finishes). This 5 unit apartment in situated in a SFR neighborhood and will never be entitled again. The apartment community is walking distance to Chapman and Olde Town Orange. Built for the long term and cash flow. Low maintenance property. The front craftsman house has 3 bedrooms and 2 full bathrooms. Attached to the front house are two 1 bedroom/1 bathroom apartments. In a separate building in the back, there are two 1 bedroom, 1 bathroom apartments. There also exists a detached 2 car garage that includes seller owned laundry (coinless). This is a super unique property as the property itself wraps around the corner neighbor's home giving access to Maple and a community area that includes a hot tub, dining table, chaise lounge chairs. The community area is screened and lit with overhead lights making it an awesome tenant amenity. Mills Act possible for property tax savings and greater cash flow.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $3,200,000
Property Type Other
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1924
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 38606202
MLS # NDP2600276
Property ID 322497032
Lot Sqft 7,495
Zoning R-1-6
Total Units 5
Days on Market 27
Original List Price $3,200,000
Date Updated January 09, 2026
Date Created January 09, 2026

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Scott DeGoler an agent of . Lic #01387487


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of January 09, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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