$2,050,000
PENDING

850 N Kathleen Ln Orange, CA 92867

Estimated payment $13,372/month

Total Views 5,024
9 Beds
11 Baths
4,415 Sq Ft
$464 Price per Sq Ft

Highlights

  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • No HOA
  • Recessed Lighting
  • Tile Flooring

About This Home

We are proud to present the Kathleen Townhomes, a pride of ownership, turn key fourplex in the City of Orange, on the Villa Park Border. The subject property boasts a spacious layout of 4415 rentable square feet on an expansive 8939 square feet corner lot. The Kathleen Townhome posses a superior unit mix including: 1-(3+2.5) townhome w/ fireplace, W/D hookups, attached two car garage with direct access, large private yard; 2-(2+2.5) townhomes with expansive private yards; and 1-(2+2) walk up apartment with a private patio. All units are separately metered for gas and electric and have central heat and wall AC's in most rooms. For optimal landlord cash flow, all the tenants are on RUBS (ratio utility bill back system) and there is a common laundry room providing additional income.

Listing Agent

Brad New

Vanguard Property Group Brokerage Phone: 714-928-6833 License #01347742 Listed on: 05/23/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 8,939 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Front and Side Yard Sprinklers
  • Private Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • 2 Attached Carport Spaces
  • Parking Available
  • Side Facing Garage
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Apartment
  • Slab Foundation
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 4,415 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Family Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 11 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 5180
  • Assessor Parcel Number 38317504
  • $1,074 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $32,970
  • Gross Income $133,500
  • Net Operating Income $100,530

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 512500
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: 123
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 38317504
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 464.33

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Attached Carport, Concrete, Paved, Garage Faces Side, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Water Heater
  • Heating Type: Central
  • Laundry Features: Community, Gas Dryer Hookup, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 6500-9999, Sprinkler System, Sprinklers In Front, Sprinklers On Side, Sprinklers Timer, Walkstreet, Yard
  • Lot Size Sq Ft: 8939.00
  • Lot Size Acres: 0.2052

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Gross Income: 133500.00
  • Gross Operating Income: 127923.00
  • Gross Scheduled Income: 133500.00
  • Lot Size Area: 8939.0000 Square Feet
  • Net Operating Income: 100530.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number Wall A C: 8
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 32970.00
  • Operating Expense Percent: 25.00
  • Other Income1: 1620.00
  • Rent Control: Yes
  • Total Expenses: 32970.00
  • Vacancy Allowance: 4005
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Census Tract: 758.15
  • Tax Lot: 4
  • Tax Tract Number: 5180
  • TaxOtherAnnualAssessmentAmount: 1074.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2025 06/07/25 Pending -- -- --
05/23/2025 05/23/25 For Sale $2,050,000 +49.1% $464 / Sq Ft
01/28/2019 01/28/19 Sold $1,375,000 +1.9% $311 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
11/27/2018 11/27/18 For Sale $1,350,000 0.0% $306 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $1,350,000 -- $306 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25115248

California Regional Multiple Listing Service (CRMLS)

APN: 383-175-04