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Listed by Tyler Leeson, DRE #01451551 • Marcus & Millichap RE Invest
$3,450,000
Est. payment /mo
0.33 Acres Lot
Active
337 343 N Magnolia ST Orange, CA 92866
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26141584
Year Built 1950
Lot Size 0.331 Acres
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
337-343 North Magnolia Street is a four-unit residential property located in the City of Orange, California. The property features a rare single-family-style rental profile, consisting of three newly constructed 3-bed/2-bath homes with large loft space built in 2026 and one 4-bed/2-bath home that was originally constructed in 1950 and fully renovated in 2025. The three newly constructed homes have never been lived in and feature modern interior finishes, dramatic 16-foot vaulted ceilings, spacious loft areas, in-unit laundry, private entrances, yards/patios, and all-electric systems with individual metering. The original 4-bed/2-bath home has been fully remodeled and includes a new HVAC system, offering an updated residence that complements the newly constructed units. The property is further enhanced by no shared walls, eight on-site parking spaces, individual water heaters, solar serving the three newly constructed units, new sewer laterals for all four homes, an expected 80% water utility reimbursement through RUBS, and individual trash billing directly to the City. These features help create a highly functional rental property with modern tenant amenities and a streamlined operating structure. Located near Chapman University and Old Towne Orange, the property offers residents
Location
State CA
County Orange
Area Oto - Old Towne Orange
Interior
Laundry Washer, Dryer
Exterior
Garage Spaces 1.0
Pool None
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 38612307
Special Listing Condition Not Applicable
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