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Sold on 04/26/2011
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331 S Orange St S, Orange, CA 92866

$1,055,000

Last sold 04/26/2011 for $465K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 331 S Orange St S

Property type Multi-family
Neighborhood
Year built 1904
HOA fee $0/month
Lot size 6,216 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
*** Short Sale *** Great Investment Opportunity with Two on a Lot *** This wonderful property is located on a tree-lined street in historic Old Towne within walking distance to the fabulous antique stores and restaurants of renown Orange Circle and acclaimed Chapman University. The main house is a charming California Bungalow 2BR + 1 BA approx. 799 SF of living space built in 1904. The second unit added in 1965, also has 2BR + 1 BA approx. 906 SF of living space and is ideal for income or extended family living. Both are single story with classic details. The property is private with mature trees and a long driveway for convenient multi-car or RV parking. Its proximity is also close to freeways, schools, parks and a state of the art library. Rent one or both units (gross rents are based on market rents of approx. $1,400/month for front unit #331 & $1,600/month for back unit #333. No Mello Roos and low tax rate.
Listed by
Listing Agent - Dan Shusterman
Listing Office - Seven Gables Real Estate
Source: CRMLS mls logo
MLS#P757869 • last updated 15 years ago
Movoto checked CRMLS for data 8 minutes ago
Overview
Levels/Style One, Craftsman
Type Residential Income
Status Closed
Lot Size (Acres) 0.14
Lot Size (SqFt) 6216
Tax Area 8001
Year Built 1904
Exterior
Construction Stucco
Roof Composition
Building Area 1732
Parking Driveway, Garage Faces Front, RV Access/Parking, Garage - Two Door
# Parking Spaces 2
# Garage Spaces 2
Amenities / Utilities
Sewer/ Septic Sewer Paid
Water Source Public
Location
County Orange
Directions WEST ON CHAPMAN. LEFT ON ORANGE. HOME ON LEFT HAND SIDE (SIGN AT PROPERTY)
APN 39040203
Multifamily Details
Operating Expense 5254
Cap Rate 6.34
Expense: Insurance 1500
Gross Multiplier 13.47
Gross Scheduled Income 36000
Lot/ Land Details
$1.05M
Range: $907K-$1.2M
Last 30 days 
Rental est.: $2,052/month
Gross rent multiplier: 18.9
  • Apr 2011
    mls logo MLS # P757869
  • Apr 27, 2011 Sold
    $465,000
  • Oct 28, 2010 Listed
    $484,900 (+70.7%)
  • Apr 2011
    Public Records
  • Apr 26, 2011 Sold
    $465,000 (-4.1%)
  • Oct 2000
    mls logo MLS # P199197
  • Oct 5, 2000 Sold
    $284,000 (-8.4%)
  • Jul 23, 2000 Listed
    $309,900
  • Year Property taxes Tax assessment
  • 2024
    $6,716 +2.3%
    $584,062 +2.0%
  • 2023
    $6,566 +2.0%
    $572,610 +2.0%
  • 2022
    $6,437 +2.8%
    $561,383 +2.0%
  • 2021
    $6,260 +0.9%
    $550,376 +1.04%
  • 2020
    $6,202 +1.2%
    $544,733 +2.0%
  • 2019
    $6,126 +5.8%
    $534,052 +2.0%
  • 2017
    $5,788 +1.9%
    $523,581 +4.04%
  • 2016
    $5,678 +1.5%
    $503,250
  • 2015
    $5,595
    —
  • 331 S Orange St S
    $465K
  • Old Towne
    $1.08M +4% y/y
  • 92866
    $1.06M +8% y/y
  • Orange
    $1.08M +8% y/y
No chart available
Statistics calculated by Movoto

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7/10
Palmyra Elementary School
public Grades K-6
Orange Unified School District
6/10
Yorba Middle School
public Grades 6-8
Orange Unified School District
5/10
Orange High School
public Grades 9-12
Orange Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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