460 S Olive St - Apartments FOR SALE


Orange, CA 92866
$2,400,000 USD
949-681-8388
460 S Olive St, Orange, CA for Sale
$2,400,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

460 S Olive St
Orange, CA 92866


HIGHLIGHTS

  • FULLY RENOVATED IN 2025 – High-quality interior and exterior upgrades throughout, including kitchens, bathrooms, flooring, and windows.
  • DESIRABLE UNIT MIX – Includes one 2-Bedroom, 1.5-Bath townhome and five large 1-Bedroom, 1-Bath units.
  • IN-UNIT WASHERS & DRYERS – All units include private laundry, modern appliances, and updated finishes.
  • INDIVIDUAL METERS & UTILITIES – Separately metered for gas and electric with individual hot water heaters.
  • SB 721 COMPLIANCE – Balcony and stair upgrades completed
  • PARKING – Ample Parking with 6 Private Garages + 3 Surface Spots

OVERVIEW

Mark Bridge and Nick Solomon at Matthews are pleased to present 460 S Olive Street, a fully renovated six-unit apartment community ideally located just blocks from the historic Orange Circle and Chapman University. This turnkey investment sits on a 7,259 square foot lot and features an attractive mix of large, thoughtfully designed units, including one spacious 2-bedroom, 1.5-bath townhome and five oversized 1-bedroom, 1-bath units. Originally built in 1968 and fully renovated in 2025, the property has undergone significant upgrades both inside and out. Each unit features brand-new appliances, quartz countertops, refaced cabinetry, stylish wood laminate flooring, in-unit washers and dryers, and updated fixtures throughout. Exterior improvements include dual-pane windows and new painting. Additionally, the building is individually metered for electric and gas and includes six single-car garages. Broker of Record - David Harrington - License No. 02168060 (CA)

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$539 USD /SF

# OF UNITS

6

PRICE/UNIT

$400,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,317 SF

ZONING

-

APN/PARCEL ID

390-604-07

ASK ABOUT THIS PROPERTY

Mark BridgeThe Bridge Multifamily Team at MatthewsMore Info
949-681-8388

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Mark BridgeThe Bridge Multifamily Team at MatthewsMore Info
949-681-8388

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.