646 S Grand Street Orange, CA $ 2,895,000
646 S Grand Street
$ 2,895,000
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646 S Grand Street

Orange, CA, 92866
$ 2,895,000
Baths1.0 Sq 4,800

Monthly Estimate*

$ 18,279

Listed by Ricci Realty
646 S Grand Street, Orange, CA 92866 - Image 1
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Studio

Multi-Family Home for sale in Orange, CA

for $2,895,000 with 1 full bath. This 4,800 square foot home was built in 1963 on a lot size of 0.29.

8 one-bed, one-bath townhomes in the Old Towne Orange Area, right next to Hart Park. This is a fantastic Value-Add opportunity to have an 8-plex in a city without local rent control ordinances. The eight units are spread across three buildings on one lot, with two separate garage areas that house eight cars and six uncovered striped parking spots. There is a community laundry room with an electric coin-op washer/dryer. A few units have a fantastic view overlooking Hart Park and a commuter's dream of being next to public transit and the 22 Freeway. All the units have a similar layout with a living area and attached kitchenette on the ground level, while upstairs, you have a bedroom with an attached full bathroom. South Grand St is a walking pathway between Hart Park and the Old Towne Orange Plaza. Long time owner and long term tenants, all on month to month leases.

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Multi-Family Active

Price

$ 2,895,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.29

Year Built

1963

Town/City

Orange

County/Region

Orange

MLS | Web ID

PW26163763

Days on Market

36

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Sewer Connected Water Connected
Roof Composition Shingle
HOA Fee 0
Garage Spaces 8
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Drywall Stucco
Exclusions Tenant's Personal Property
Year Built 1963
Electric Standard
Property Subtype Townhouse
Gross Income 170088
Community Features Curbs Gutter(s) Street Lights Sidewalks Park
County Orange
Net Operating Income 115369
Operating Expense 47871
Insurance Expense 2500
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 5846
Subdivision Name Other
Garage Y/N true
Special Listing Conditions Standard Trust
Status Active
Directions Take Glassell heading North from the 22 Freeway Turn Right onto East La Veta Ave Turn Right onto South Grand St Property will be on your Right at the end of the street
City Orange
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 6
Number Of Units Total 8
MLS Area 72 - Orange & Garden Grove E of Harbor N of 22 F
Lot Size Units Square Feet
Lot Size Square Feet 12632
Carport Spaces 0
Number of Units Leased 8
Listing Terms Cash Cash to New Loan 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 1068
Current Financing None
Trash Expense 2796
Water Sewer Expense 2016
Additional Parcels Y/N false
Rent Control Y/N false
Virtual Tour https://www.wellcomemat.com/mls/55h0d32dfc381ludj https://www.wellcomemat.com/video/55h0d32dfc381ludj/ORG/CA/92866/S-Grand/PW24244186/
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 6
Property Sub Type Additional Townhouse
Taxes 31845
Cap Rate 4.05
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Interior
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Common Area Laundry Room Outside
Entry Level 1
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Exterior
Fencing Block Chain Link Wood
Lot Features 0-1 Unit/Acre Cul-De-Sac Irregular Lot Landscaped Near Park Near Public Transit Sprinkler System
Water Source Public
Total Parking 14
Lot Size Area 12632
Number of Buildings 3
Building Area Total 4800
Lot Size Acres 0.29
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
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* Excluded Features
List By
Ricci Realty

Broker

AlRicci@RicciRealty.com

Email

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$18,279
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/28/2026$2,895,000 Listed Price

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646 S Grand Street, Orange, CA, 92866 is a Multi-Family Home for sale at $2,895,000 with 4,800 sqft and a lot size of 0.29. 646 S Grand Street is a studio with 1.0 baths and was built in 1963. The property's zip code is 92866 which is in Orange, CA