337 343 N Magnolia Street Overview
- Time on Site:
- 2 hours
- Visits:
- 0
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 convenient access to two of the city’s most important demand drivers.
337 343 N Magnolia Street Facts & Features
- Type Multi-Family
- Sq. ft. 4,976
- Price/Sq.ft. $693
- Lot 0.33 Acres
Details
General
Association/HOA
- Common Interest: Community Apartment
Income/Expenses
- Electric Expense: 850.0
- Fuel Expense: 850.0
- Gross Income: 244000.0
- Gross Scheduled Income: 241200.0
- Insurance Expense: 2800.0
- Maintenance Expense: 4000.0
- Net Operating Income: 187013.0
- New Taxes Expense: 36546.0
- Operating Expense: 49751.0
- Trash Expense: 850.0
- Water Sewer Expense: 850.0
Building Information
- New Construction: No
- Year Built: 1950
Location/Region
- Country: US
- County Or Parish: Orange
- MLS Area Major: OTO - Old Towne Orange
- Postal City: ORANGE
Community/Development
- Community Features: Curbs,Gutter(s),Street Lights,Sidewalks
Rent/Lease Information
- Land Lease: No
General Information
- Listing Terms: Cash,Cash to New Loan,Conventional,1031 Exchange
- Parcel Number: 38612307
- Property Sub Type: Quadruplex
- Property Type: Residential Income
- Rent Control: No
- Senior Community: No
- Special Listing Conditions: Standard
Interior
Parking Information
- Garage Spaces: 1.0
- Garage: Yes
Building Interior
- Building Area Total: 4976.0
- Building Area Units: Square Feet
General Information
- Appliances: Dryer,Washer
- Common Walls: No Common Walls
- Entry Level: 1
- Entry Location: First level
- Levels: Two
- Stories: 2
- Stories Total: 2
Exterior
Parking Information
- Parking Total: 1.0
Lot Information
- Additional Parcels: No
- Lot Features: Street Level
- Lot Size Acres: 0.3306
- Lot Size Area: 14400.0
- Lot Size Source: Assessor
- Lot Size Square Feet: 14400.0
- Lot Size Units: Square Feet
- Number Of Buildings: 4
- Number Of Separate Electric Meters: 4
- Number Of Separate Gas Meters: 1
- Number Of Separate Water Meters: 1
- Elevation Units: Feet
- Water Source: Public
Building Exterior/Construction
- Property Attached: No
General Information
- Number Of Units Total: 4
- Pool Features: None
- Pool Private: No
- Sewer: Public Sewer
337 343 N Magnolia Street Neighborhood
Community
92866 (Orange) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.337 343 N Magnolia Street Monthly Cost
337 343 N Magnolia Street Market Data
Based on the last 30 days in this zip code
337 343 N Magnolia Street History
| Date | Value | Agent |
|---|---|---|
| 6/29/2026Source: CRMLS | June 29, 2026 |
Contact Information: [email protected] - 949-419-3200