233 S Esplanade St, Orange, CA 92869
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233 S Esplanade St Orange, CA 92869

$1,329,990
  • 6 Beds
  • 4.5 Baths
  • 2,832 Sq.Ft.
For Sale
$1,329,990 Get Pre-Qualified

Map preview of 233 S Esplanade St, Orange, CA 92869

Property Overview: 233 S Esplanade St Orange, CA has 6 bedrooms, 4.5 bathrooms, 2,832 living square feet and 7,405 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: PRICE REDUCED! OWNERS MOTIVATED TO SALE. YOUR OPPORTUNITY TO OWN INCOME PRODUCING TRIPLEX in the great city of Orange. Proudly presenting this great opportunity to own a lucrative wealth building investment. Property is located near major freeways as well as shopping, recreational, and many convenient amenities. All three units have long term tenants with steady solid income. New owner has opportunity to increase rent to update rental value. All tenants are currently on month to month leases. Three unit features , unit A 2 bedroom 1 ½ bath, unit B 2 bedroom1 ½ bath, unit C 2 bedroom 1 ½ bath. Four total attached garage parking which is one garage parking per unit. Also, there are three additional parking spots located on property. Owner is selling property as is. Coin Laundry income $5,000.00 per year. This is a rare opportunity to own a lucrative asset located in a highly desirable area. It’s your time to make your investment dream a reality.

Listed by Tony Phong | BRE #01744753 | eXp Realty of Greater Los Angeles, Inc.
Last checked: 14 minutes ago | Last updated: April 17th, 2024 | Source CRMLS | DOM: 87
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1977
Garage
4 Car
Property Type:
Triplex
Status
Active
MLS#
OC24005215
City
Orange
County
Orange
Time on Site
109 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $1,935
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $1,930
  • Pro Forma/Market Rent: $2,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $66,060
  • Net Operating Income: $50,023
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $16,037
  • Electric: $900
  • Gas/Fuel: $0
  • Trash: $0
  • Gardener: $0
  • Insurance: $1,445
  • Water/Sewer: $0

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Property Details for 233 S Esplanade St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area, Dryer Included, Gas & Electric Dryer Hookup, In Carport, In Closet, In Garage, In Kitchen, Upper Level, Washer Hookup, Washer Included
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 39219230
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: None
  • Water Source: None
Location / Neighborhood
Location Information
  • Directions: City of Orange close to 55 freeway
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 233 S Esplanade St

Last sold on August 30th, 2016
  • January, 2024

  • Jan 29, 2024

    Date

    Active

    CRMLS: OC24005215

    $1,459,000

    Price

  • August, 2016

  • Aug 30, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2016

  • Feb 4, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 233 S Esplanade St

Assessed Value (2020): $846,180
Year Land Value Improved Value Assessed Value
2020 $670,235 $175,945 $846,180

Home Value Compared to the Market

This property vs the competition

233 S Esplanade St is listed 20.91% higher than the median list price for the city of Orange which has a median list price of $1,100,000. The median price per/sqft for Orange is $611 and this home is listed at $469.63 per/sqft which puts the price per square foot 23.14% lower than the median price per square foot for the city of Orange.

About 233 S Esplanade St

Detailed summary of property

233 S Esplanade St is a triplex located in Orange, CA 92869 and is currently for sale. This triplex offers 6 bedrooms, 4.5 bathrooms, roughly 2,832 living square feet, and sits on an approximately 7,405 square foot lot. 233 S Esplanade St was first listed on ArdentRealEstateGroup.com on January 10, 2024. The homeowner is currently asking $1,329,990 and was originally asking $1,459,000. The median priced home in Orange is $1,100,000 with a median price per square foot of $611. Based on Ardent Real Estate Group's Orange Market Data, this home is listed 20.91% higher than the median priced home. Local competing homes currently for sale include 1818 W Glenoaks Ave, 17150 San Mateo St and 8860 Tina Way. While the average home in Orange, CA is selling in 42 days, 233 S Esplanade St has a days on market of 87 days. There are currently 156 homes for sale in the Orange real estate market and 122 of them are single family homes while 27 of them are condos and 7 are townhomes. For more information on this home for sale at 233 S Esplanade St Orange, CA 92869 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 233 S Esplanade St

Public county record property details
Beds
--
Baths
--
Year built
1977
Sq. Ft.
2,832
Lot Size
9,994
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
392-192-30

The source for these homes facts are from public records.

92869 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,175,000
Median List Price/Sq.Ft.
$616
Median Sold Price
$936,000
Median Sold Price/Sq.Ft.
$604
Total Inventory
64
Median Sale to List Price %
99.57%
Avg Days on Market
11
Loan Type
Conventional (57.69%), FHA (3.85%), VA (0%), Cash (19.23%), Other (19.23%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.