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Listed by Scott DeGoler • PacBLU
$3,200,000
Est. payment /mo
3,463 SqFt
Active
181 North Waverly Street Orange, CA 92866
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UPDATED:
03/11/2025 01:56 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,463 sqft
Price per Sqft $924
MLS Listing ID 8N-2501382
Year Built 1922
Lot Size 7,504 Sqft
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.
Location
State CA
County Orange
Zoning R-1-6
Interior
Laundry Common Area, Community
Exterior
Parking Features Gated
Garage Spaces 2.0
Pool None
Community Features Sidewalks
View Y/N No
Building
Lot Description Front Yard, Irregular Lot, Lawn
Sewer Public Sewer
Others
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2501382