219 S Oak Street

Orange CA

List Price
$3,190,000
Days On Market
Bed
Bath
Image
SqFt

21168 sqft Lot

Image
About the Property
Rare Opportunity: Two Orange Fourplexes on Two Expansive Separate Lots - Conventional Residential Financing Available – No Commercial Loan Required! 219 & 229 S. Oak Street present an exceptionally rare opportunity to acquire two contiguous fourplexes being sold together. 219 Oak was built in 1967 and 229 Oak was built in 1957. Each property consists of only four residential units, each building qualifies for its own conventional conforming residential financing, eliminating the need for commercial financing and providing investors with more attractive lending options. Together, the properties comprise 8 apartment units situated on two separate parcels totaling approximately 21,168 square feet. This unique offering allows an investor to benefit from the economies of scale associated with a larger apartment investment while maintaining the flexibility and financing advantages of owning two separate four-unit properties. Each fourplex consists of three 1-bedroom/1-bathroom units and one 2-bedroom/1-bathroom unit, with approximately 2,738 square feet of living space per building. Located at the end of a cul-de-sac, the two buildings face one another across a beautifully landscaped shared courtyard enclosed by a classic white picket fence. This charming cottage-style setting creates exceptional curb appeal and provides residents with an inviting community atmosphere rarely found in apartment properties. Situated in one of Orange County's most desirable rental markets, this offering combines strong tenant appeal, long-term investment stability, and outstanding upside potential. Residents enjoy amenities that have become increasingly difficult to find in today's rental market: Private enclosed garages with metal roll-up doors and automatic openers One dedicated parking space directly in front of each garage In-unit washer/dryer hookups and Individual water heaters in each unit Private concrete patios and enclosed yard areas accessed through sliding glass doors From an ownership perspective, the properties offer an efficient expense structure. Residents pay for their own natural gas service, there are no house gas or house electric meters, and owner-paid expenses are generally limited to water, trash, and landscaping. In addition, new electrical subpanels have recently been installed, providing a valuable capital improvement. Opportunities to acquire adjacent fourplexes of this quality and scale in such a prime Orange location are exceptionally rare.

Book a Time

Featured Listings
Image
23 Bed | 18 Bath
$5,300,000

1800 W Glencrest Avenue

Anaheim CA
Image
20 Bed | 20 Bath
$1,250,000

15081 Van Buren Street

Midway City CA
Image
17 Bed | 17 Bath
$2,500,000

35025 -35065 Highway 79

Warner Springs CA
Image
16 Bed | 16 Bath
$19,950,000

39250 Ortega Highway

San Juan Capistrano CA
Image
14 Bed | 6 Bath
$4,000,000

758 W 20th Street

Costa Mesa CA
Image
13 Bed | 13 Bath
$3,725,000

504 Clay Avenue

Huntington Beach CA
Image
12 Bed | 20 Bath
$59,000,000

24331 Coto de Caza Drive

Coto de Caza CA
Image
12 Bed | 10 Bath
$1,599,000

1341 BOYLE AVENUE A and B

Escondido CA
Image
11 Bed | 4 Bath
$5,995,000

517 Walnut Avenue

Huntington Beach CA
Image
11 Bed | 8 Bath
$1,350,000

1609 N Parsons Pl

Santa Ana CA
Image
11 Bed | 6 Bath
$3,450,000

384 E 16th Street

Costa Mesa CA
Image
10 Bed | 12 Bath
$16,888,888

12 Morning Dove

Laguna Niguel CA
Image
10 Bed | 8 Bath
$100,000 /mo

32227 Coast Hwy

Laguna Beach CA
Image
10 Bed | 8 Bath
$95,000,000

32229 Coast Hwy

Laguna Beach CA
Image
10 Bed | 7 Bath
$2,100,000

116 -114 N Cornell

Fullerton CA
Image
9 Bed | 5 Bath
$6,498,800

1409 S Pacific Street

Oceanside CA
Image
9 Bed | 11 Bath
$2,798,000

3871 Hendrix Street

Irvine CA
Image
9 Bed | 11 Bath
$12,000,000

10 Old Ranch Road

Laguna Niguel CA
Image
9 Bed | 12 Bath
$12,995,000

21 Ridgeline Drive

Newport Beach CA
Image
9 Bed | 6 Bath
$3,850,000

10900 La Flor

Fountain Valley CA
Image
9 Bed | 7 Bath
$2,300,000

7571 Amazon Drive

Huntington Beach CA
Image
9 Bed | 9 Bath
$6,500,000

1512 14 Uno Verde Court

Solana Beach CA
Image
8 Bed | 10 Bath
$8,800,000

10219 Sunrise Lane

North Tustin CA
Image
8 Bed | 8 Bath
$13,995,000

2800 Ocean Front

Laguna Beach CA
Image
8 Bed | 5 Bath
$2,599,999

1925 Wallace Avenue

Costa Mesa CA
Image
8 Bed | 11 Bath
$4,500,000

26041 Spur Branch Lane

Laguna Hills CA
Image
8 Bed | 6 Bath
$3,400,000

5821 Blueberry Street

Yorba Linda CA
Image
8 Bed | 5 Bath
$1,728,000

13611 Glenhaven Drive

Garden Grove CA
Image
8 Bed | 8 Bath
$12,500,000

56 Royal Saint George Road

Newport Beach CA
Image
8 Bed | 8 Bath
$2,149,000

630 N Juniper Street

Escondido CA
Image
8 Bed | 8 Bath
$7,800,000

9450 La Jolla Farms Rd

La Jolla CA
Image
8 Bed | 6 Bath
$2,650,000

2446 2448 Sacada Cir

Carlsbad CA
Image
8 Bed | 6 Bath
$2,185,000

8552 Bermuda

Westminster CA
Image
8 Bed | 4 Bath
$1,799,000

2563 N Falconer

Orange CA
Image
8 Bed | 4 Bath
$10,000 /mo

18 Rockrose Way

Irvine CA
Image
8 Bed | 0 Bath
$2,200,000

842 S Corta Drive

Santa Ana CA
Image
8 Bed | 10 Bath
$34,500,000

157 159 EMERALD BAY

Laguna Beach CA
Image
8 Bed | 7 Bath
$1,450,000

17535 Bear Valley Lane

Escondido CA
Image
8 Bed | 6 Bath
$1,749,000

532 Mcfadden

La Habra CA
Image
8 Bed | 8 Bath
$5,695,000

19426 Via Del Caballo

Yorba Linda CA