
Orange, California 92867
This Triplex Residential Income Asset is listed at $1,450,000, reflecting the price stability of the Orange market relative to its $1,357,908 Fair Market Value. Maintaining a Condition Rating of 4, the property offers a Granite Kitchen, a 3-car garage, and a spacious yard with a patio. Its location less than 10 minutes from Chapman University drives significant rental demand, making it a resilient addition to any portfolio. This well-preserved 1964 build is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking for a high-utility house-hacking opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 812 N Mallard Subject | $1,450,000* List Price | 0 | 0 | 3,189 | $426 | - |
A 869 N Mallard Sold | $1,307,500 | 0 | 0 | 3,187 | $410 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964 and well-maintained, the property features a kitchen updated with granite countertops and a mosaic backsplash (approx. 10-15 years old). However, the overall condition is dated, featuring popcorn ceilings, older tile flooring, and wall-mounted AC units, suggesting that while functional, it requires cosmetic and system modernization.
Situated less than 10 minutes from Chapman University, this property is ideally positioned to capture high rental demand from students and faculty, ensuring low vacancy rates.
Long-term family ownership and recent updates, including fresh paint, reflect a high level of care and pride of ownership, likely reducing immediate deferred maintenance costs.
The inclusion of a 3-car garage and a generous yard provides a competitive edge in the rental market, offering tenants rare outdoor space and secure parking.
Built in 1964, the property may feature older plumbing, electrical, or mechanical systems that could require modernization to meet current energy efficiency standards.
With a 6,970 sqft lot already accommodating three units and a 3-car garage, there is restricted space for significant footprint expansion or the addition of an ADU.
Welcome to this charming triplex in the heart of Orange, located less than 10 minutes from Chapman University. Lovingly maintained by the same family for many years, this property offers a rare opportunity for its next owner. Recently painted and well cared for, each unit reflects pride of ownership throughout. Enjoy the convenience of a spacious 3-car garage and a generous yard—perfect for gardening, relaxing, or entertaining. Whether you're an investor or owner-occupant, this is a property you won’t want to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,189 | 3,187 | 67% |
| Lot Size | 6,970 | 6,970 | 50% |
| Price | $1.45M | $1.31M | 67% |
| Price per sq ft | $455 | $427 | 67% |
| Built year | 1964 | 1964 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 229 | 33% |
May 5, 2026
$1,450,000
Initial Listing
Apr 1, 1997
$215,000
Public Record