181 189 N Waverly Street, Orange, CA 92866

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Property Description

5 unit apartment RARE opportunity in historic Olde Town Orange community, surrounded by single family homes (El Sondra Apartment Homes). This historic property was built in 1922 as the original migrant farming housing. Completely gut renovated in 2022 with amazing finishes, new electrical, plumbing (including main line sewer), roof, min-split AC's, tankless water heater, kitchens and baths (taken down to the studs). Craftsman home in the front that was redesigned for sf and functional improvements including 3 bedrooms and 2 full baths. Attached to the main house are two 1 bedroom/1 bathroom apartments. The rear structure has two 1 bedroom/1 bathroom units. The 2 car garage is detached and has laundry owned inside. Besides the uniqueness of having a multifamily property in a SFR neighborhood, this property lines wrap around the corner house giving additional sf for a great common area in the rear including hot tub and landscape furniture (dining table, chaise lounge chairs) with green screening and overhead lights. This type of property will never happen again in this community. I bought it and re-developed for my daughter and 12 girlfriends while attending Chapman (walkable to campus and the Orange circle of restaurants and services). She/they graduated and we leased up the property to market rates. Construction plans available. Mills Act possible for buyer (property tax savings). Buyer to verify all.


Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Bedrooms N/A

Listing Information

Address 181 189 N Waverly Street
City Orange
State CA
Zip 92866
County Orange
Listing Agent Scott DeGoler DRE #01387487
Courtesy Of PacBLU
List Price $3,200,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 7,504
Year Built 1922

Listing information courtesy of: Scott DeGoler, PacBLU. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 12th, 2025 at 9:10 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.