$1,849,000
Sold
338 W Kelly Avenue sold on April 23, 2024 for $2,475,000. The details are below for reference.
338 W Kelly Avenue, Orange, CA 92866
- 4,315 sq ft
- Built 1969
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$2,475,000
The home
About 338 W Kelly Avenue
IF PRIDE OF OWNERSHIP AND EASY FINANCING ARE YOUR BUYER'S PRIORITY, THEN BE SURE TO CHECK OUT THIS 4-PLEX!!! SEE SUPPLEMENT ATTACHED TO THIS LISTING FOR FINANCIAL ANALYSIS AND LIST OF REMODEL IMPROVEMENTS!!! ALSO, OWNER WILL CARRY FIRST T.D. LOAN with no prepay penalty for up to 10 years with min. down of 30%... Year (one) at 5%, year (two) at 5.5% and year (3) at 6%. Remaining terms are negotiable!!! Great opportunity for your Buyer!!!
This OUTSTANDING 4-PLEX INVESTMENT in a GREAT LOCATION IN THE CITY OF ORANGE HAS IT ALL ---- SUPERB CONDITION!!! - GREAT INCOME AT $139,200 per yr.!!! - EXCEPTIONAL PROPERTY MANAGEMENT!!! "METICULOUSLY REMODELED" and "EXPERTLY MANAGED" over the last 6 years by one of Orange County's most discerning apartment owners. This 4-Plex is a true gem giving the term "TURNKEY PROPERTY" a new meaning. Virtually nothing to do when taking over this very well managed and remodeled 4-plex. Just purchase it and start collecting rents. It's highly unlikely that you will find a nicer more well maintained 4-Plex investment in Orange County. Located on a very nice and quiet Cul-de-sac street within walking distance of the "Traffic Circle" in "Old Towne Orange" and "Chapman College". All Brand New Central Heat and Air Conditioning for each unit. New Central Water water heater in laundry room. Ceilings in downstairs units have been insulated to quiet any noise from tenants above. New Roof, completely remodeled Kitchens and Bathrooms Including Tubs/Shower enclosures. All new window coverings. All new kitchen appliances. Purchase price includes new, in 2018, REFRIGERATORS AND 4 STACKED WASHER AND DRYER UNITS IN CENTRAL LAUNDRY ROOM FOR EACH TENANT. New Ceiling fans in all Living rooms, dining rooms and bedrooms. New canned lighting in kitchen ceilings. All new vinyl windows. Complete New Landscaping including beautiful artificial turf. Parking area Paving and Striping are in great condition having been repaved in 2018. All New Flooring in All units. All New complete Wood Fencing. Four Stacked Clothes Washers in central laundry owned by Seller. Therefore each tenant has their own designated washer/dryer which is free to use by each tenant. This is truly a property you must see to believe and appreciate. So, if you want to invest in the best 4-plex investment in Orange County, look no further. You have just found it!!!
Property details for 338 W Kelly Avenue
This apartment sits in Orange in Orange County. It has 4,315 square feet of living space. The home was built in 1969. The MLS record lists the assessor parcel number as 390-641-17. Highlights include a fireplace, a four-car garage, and central air.
Specifications
Home Details
General Features
- Property Type
- Apartment
- MLS Number
- OC24059676
- Year Built
- 1969
- Lot Size (sq ft)
- 9,450
- Lot Size (acres)
- 0.2169
- Garage Spaces
- 4
- Parking Spaces
- 4
- View
- Courtyard
- Annual Taxes
- $26,377
- Parcel Number
- 39064117
- On Market Date
- 2024-03-26
- Listing Terms
- Standard
Interior Features
- Interior Features
- Balcony, Block Walls, Granite Counters, Unfurnished, Wired For Data
- Appliances
- Built In Range, Dryer, Washer
- Flooring
- Laminate
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- Living Room
- Laundry
- Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Stacked
- Entry Level
- 1
- Common Walls
- Two Common Walls Or More
Exterior Features
- Roof
- Asbestos Shingle
- Foundation
- Concrete Perimeter
- Lot Features
- Cul De Sac, Front Yard, Garden, Lawn, Rectangular Lot, Sprinkler System, Street Level
- Parking
- Assigned, Covered, Garage, Garage Faces Side, Storage
- Fencing
- Masonry, Wrought Iron
- Pool Features
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Connected, Water Connected
- Units
- 4
Community Features
- Community Features
- Curbs, Sidewalks
The record
Property History for 338 W Kelly Avenue
| Date | Event | Price | Note |
|---|---|---|---|
| Apr 23, 2024 | Sold | $2,475,000 | |
| Apr 9, 2024 | Status changed to Active Under Contract | From Active | |
| Mar 26, 2024 | Listed for sale | $2,499,000 | |
| May 5, 2017 | Sold | $1,355,000 | New Dimension Investment Prop |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 338 W Kelly Avenue
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone X, area of minimal flood hazard. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0161J effective December 3, 2009. Checked October 15, 2026.
- Fire hazard severity zone
Not in a fire hazard severity zone on the State Fire Marshal's map.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones. Checked October 15, 2026.
- Liquefaction zone
Outside the liquefaction zones.
California Geological Survey, Seismic Hazard Zones map, Orange quadrangle, released April 15, 1998. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, Orange quadrangle, released April 15, 1998. Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: AT&T, up to 5,000 Mbps, at 2 of 45 residential locations in this census block. Fiber: Spectrum, up to 1,000 Mbps, at 4 of 45. Cable: Spectrum, up to 1,000 Mbps, at 45 of 45.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590759023007, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.3 miles away (Tesla Destination, 3 Level 2 ports). 563 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Next steps
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Listed by Bob Walz of New Dimension Investment Prop
Listing information updated Apr 25, 2024 at 11:49 AM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.