125 N Fir Street, Orange, California 92868, Orange, 92868 - 6 bed, 3 bath
ACTIVE$1,299,000
125 N Fir Street, Orange, California 92868
6Beds
3Baths
3,332Sqft
7,710Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Rental Demand & Low Vacancy: The property is a consistently in-demand rental, with vacancy never an issue and multiple applicants for each unit, indicating strong income potential and tenant desirability.
Top Cons:
Property Age & Potential for System Updates: Built in 1960, the property, despite being 'well-maintained,' may require significant capital expenditures for major system updates (e.g., plumbing, electrical, roof) in the near future.
Compared to the nearby listings
Price:$1.30M vs avg $1.32M ($-18,000)50%
Size:3,332 sqft vs avg 2,714 sqft50%
Price/sqft:$390 vs avg $51350%
More Insights
Built in 1960 (65 years old).
Condition: Built in 1960, this triplex is described as 'well-maintained' and is an income-producing property. However, the absence of interior images, particularly for kitchens and bathrooms, and the property analysis noting 'Property Age & Potential for System Updates' and 'Absence of Specified HVAC/Cooling Systems' suggest that while functional, the units are likely dated. The exterior images show a property that has been kept up but not significantly modernized. It requires minor updates to bring interiors to current standards and address the lack of central HVAC, fitting the 'Fair' criteria of being aged but maintained, with functional but outdated components.
Year Built
1960
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$390
HOA
-
Days on market
-
Sold On
-
MLS number
PW25109051
Home ConditionFair
Features
View-
About this home
Prime Investment Opportunity in Orange! This well-maintained triplex is ideally located in a highly desirable area of Orange—just minutes from shopping, schools, and major freeways, making it a consistently in-demand rental property. Vacancy is never an issue, with multiple applicants for each unit whenever available. The property features three spacious single-level 2-bedroom, 1-bath units, each with its own detached 1-car garage and additional driveway parking. Tenants enjoy the convenience of separate gas and electric meters, helping keep operating costs low for the owner. The low-maintenance grounds feature minimal grass and no trees near the structures—making upkeep simple and cost-effective. Whether you're a seasoned investor or looking to start your real estate portfolio, this income-producing property offers stable returns and room for upside. Don’t miss out on this rare opportunity in one of Orange’s most accessible neighborhoods!
Condition Rating
Fair
Built in 1960, this triplex is described as 'well-maintained' and is an income-producing property. However, the absence of interior images, particularly for kitchens and bathrooms, and the property analysis noting 'Property Age & Potential for System Updates' and 'Absence of Specified HVAC/Cooling Systems' suggest that while functional, the units are likely dated. The exterior images show a property that has been kept up but not significantly modernized. It requires minor updates to bring interiors to current standards and address the lack of central HVAC, fitting the 'Fair' criteria of being aged but maintained, with functional but outdated components.
Pros & Cons
Pros
High Rental Demand & Low Vacancy: The property is a consistently in-demand rental, with vacancy never an issue and multiple applicants for each unit, indicating strong income potential and tenant desirability.
Prime & Desirable Location: Ideally located in a highly desirable area of Orange, just minutes from shopping, schools, and major freeways, ensuring continued tenant interest and potential property appreciation.
Separate Utility Metering: Each unit benefits from separate gas and electric meters, significantly reducing owner operating costs and simplifying tenant billing responsibilities.
Low-Maintenance Grounds: The property features minimal grass and no trees near structures, contributing to simple and cost-effective upkeep, which enhances profitability for the owner.
Individual Garages & Parking: Each unit includes its own detached 1-car garage and additional driveway parking, a valuable amenity that increases tenant satisfaction and property appeal in the area.
Cons
Property Age & Potential for System Updates: Built in 1960, the property, despite being 'well-maintained,' may require significant capital expenditures for major system updates (e.g., plumbing, electrical, roof) in the near future.
Limited Bathroom Count per Unit: Each unit features only one bathroom, which can be a drawback for tenants, particularly families or multiple occupants, potentially limiting the tenant pool or rental upside.
Absence of Specified HVAC/Cooling Systems: The property description does not mention central heating or air conditioning, which could be a significant comfort concern for tenants in California's climate and potentially impact desirability.