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402 W Fairway Dr, Orange, CA 92866
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402 W Fairway Dr Orange, CA 92866

$2,200,000
  • 9 Beds
  • 8 Baths
  • 4,800 Sq.Ft.
For Sale
$2,200,000 Get Pre-Qualified
Map preview of 402 W Fairway Dr, Orange, CA 92866

Property Overview: 402 W Fairway Dr Orange, CA has 9 bedrooms, 8 bathrooms, 4,800 living square feet and 8,276 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Enrique Triana | BRE #01738261 | Realty One Group West
Last checked: 11 minutes ago | Last updated: April 3rd, 2024 | Source CRMLS | DOM: 203
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Home details

Lot Sq. Ft
8,276
HOA Dues
$0/mo
Year built
1962
Garage
4 Car
Property Type:
Fourplex
Status
Active
MLS#
PW23151168
City
Orange
County
Orange
Time on Site
209 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $7,600
  • Net Operating Income: $5,614
  • Gross Operating Income: --
  • Laundry Income: $150
Annual Expense Breakdown
  • Total Operating Expense: $1,986
  • Electric: $240
  • Trash: $276
  • Insurance: $225
  • Water/Sewer: $163
  • Other Expenses: $1,083
  • Other Expense Description: Property

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Property Details for 402 W Fairway Dr

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • Has Fireplace
  • Primary Bedroom, Patio
Room Information
  • Laundry
Interior Features
  • Copper Plumbing Full
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage, Garage - Single Door
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 39063117
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: South of La Veta, West of Glassell St..
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Urban
View more facts & features

Local Orange Agent

Sale History for 402 W Fairway Dr

Last sold for $1,000,000 on April 28th, 2006

  • October, 2023

  • Oct 5, 2023

    Date

    Active

    CRMLS: PW23151168

    $2,200,000

    Price

  • April, 2006

  • Apr 28, 2006

    Date

    Sold (Public Records)

    Public Records

    $1,000,000

    Price

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Tax History for 402 W Fairway Dr

Assessed Value (2020): $1,249,564
Year Land Value Improved Value Assessed Value
2020 $1,012,151 $237,413 $1,249,564

Home Value Compared to the Market

This property vs the competition

402 W Fairway Dr is listed 100% higher than the median list price for the city of Orange which has a median list price of $1,100,000. The median price per/sqft for Orange is $617 and this home is listed at $458.33 per/sqft which puts the price per square foot 25.72% lower than the median price per square foot for the city of Orange.

About 402 W Fairway Dr

Detailed summary of property

402 W Fairway Dr is a fourplex located in Orange, CA 92866 and is currently for sale. This fourplex offers 9 bedrooms, 8 bathrooms, roughly 4,800 living square feet, and sits on an approximately 8,276 square foot lot. 402 W Fairway Dr was first listed on ArdentRealEstateGroup.com on October 5, 2023. The homeowner is currently asking $2,200,000. The median priced home in Orange is $1,100,000 with a median price per square foot of $617. Based on Ardent Real Estate Group's Orange Market Data, this home is listed 100% higher than the median priced home. Local competing homes currently for sale include 1556 E Benmore Ln, 216 W Santa Fe Ave and 1134 N Mayfair Ave. While the average home in Orange, CA is selling in 44 days, 402 W Fairway Dr has a days on market of 203 days. There are currently 156 homes for sale in the Orange real estate market and 119 of them are single family homes while 30 of them are condos and 7 are townhomes. For more information on this home for sale at 402 W Fairway Dr Orange, CA 92866 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 402 W Fairway Dr

Public county record property details
Beds
--
Baths
--
Year built
1966
Sq. Ft.
5,079
Lot Size
8,536
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
26
APN
390-631-17

The source for these homes facts are from public records.

92866 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$679
Median Sold Price
$1,050,000
Median Sold Price/Sq.Ft.
$616
Total Inventory
13
Median Sale to List Price %
100%
Avg Days on Market
14
Loan Type
Conventional (33.33%), FHA (16.67%), VA (0%), Cash (50%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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