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183 N Waverly St
Orange, CA 92866 Orange

$3,200,000 USD

Apartments For Sale • 2,950 SF

Property Details

Property Type Apartments
Total Building Size 2,950 SF
Lot Size 0.17 AC
Building Class C
Year Built 1922
Cap Rate 3.46 %
Zoning R-1

37 Transit Score

72 Walk Score

                
                    Highlights
                
                                Irreplaceable 5 units Gut Renovated Apartment in Olde Town Orange (in SFR neighborhood)
                            
                                Gut renovated to studs in 2021-22 with all new electrical/plumbing/interiors
                            
                                Trophy property - incredible finishes with custom tile work, frameless showers, min-split AC's, new Roof, all LED and water smart fixtures

Property Flyers

Rent Roll - 181-189 Waverly, Orange

181-89 Waverly 5u Sale Proforma

Financial Summary (Actual)

Net Operating Income: $120,436 USD (2025)

Cap Rate:	3.46 %
Total Expenses:	$50,750 USD

Amenities

24 Hour Access
Air Conditioning
Cable Ready
Disposal
Kitchen
Refrigerator
Stainless Steel Appliances
Tub/Shower
Vinyl Flooring
Smoke Detector
Walk-Up

Public Transportation

Commuter Rail	Drive	Walk	Distance
Orange (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink))	3 min	17 min	0.9 mi
	9 min	-	3.3 mi
Transit/Subway	Drive	Walk	Distance
Orange (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink))	3 min	18 min	0.9 mi
Airport	Drive	Walk	Distance
John Wayne/Orange County	13 min	-	9.6 mi
Long Beach (Daugherty Field)	29 min	-	22.8 mi
Ontario International	46 min	-	34.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	TwoCarGarage
Included in Rent:	Yes

Scott DeGoler 619-987-5044 Immobilier Funds

183 N Waverly St Orange, CA 92866 Orange