$3,200,000

181 189 N Waverly Street, Orange, CA 92866

  • 3,520 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $909/sqft
  • Property List Date Icon Listed 1 month ago

Property 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.

Listing Status:
Active
Date Added:
January 9, 2026
Data Last Updated:
February 16, 2026 at 12:18PM
Listing Office:
PacBLU : 619-987-5044
Listing Agent:
Scott DeGoler : 619-987-5044
MLS ID:
NDP2600276
  • A/C: None
  • Heating: None
  • Parking: Parking spaces: 0
  • General: 2
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRP
  • County: Orange
  • Zoning: R-1-638606202
  • Source: CRMLS_CRP

This listing courtesy of Scott DeGoler , PacBLU

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cambridge Elementary School

425 N Cambridge St, Orange, CA, 92866

Grades KG-6

0.33 miles away

O

Ousd Edge Virtual Academy

250 S Yorba St, Orange, CA, 92869

Grades KG-12

0.95 miles away

O

Orange High School

525 N Shaffer St, Orange, CA, 92867

Grades 9-12

0.57 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.