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310 S Orange Ave, Brea, CA 92821
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310 S Orange Ave Brea, CA 92821

$1,125,000
  • 4 Beds
  • 4 Baths
  • 2,350 Sq.Ft.
For Sale
$1,125,000 Get Pre-Qualified
Map preview of 310 S Orange Ave, Brea, CA 92821

Property Overview: 310 S Orange Ave Brea, CA has 4 bedrooms, 4 bathrooms, 2,350 living square feet and 6,996 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: We are pleased to present the investment opportunity of the Orange Street Property, a triplex located in the desirable city of Brea, CA. This property features a front unit with 2 bedrooms, 2 bathrooms, and a mother-in-law suite with a room and bathroom in the backyard. The two 1-bedroom, 1-bathroom units in the back have private alley access, ensuring tenant privacy. Additionally, the property includes a convenient on-site laundry facility, enhancing tenant convenience. With a large front unit, the Orange Property offers a solid first time investment opportunity with stable cash flow allowing the buyer to live in one unit and earn income on the other two in a prime location. The well-maintained condition of the units, coupled with the strong rental demand in Brea, makes this an ideal opportunity for investors looking to capitalize on a thriving market. Don’t miss out on the chance to acquire a promising asset in one of Orange County’s most sought-after cities.

Listed by James Wardlaw | BRE #02061381 | Triqor Group
Last checked: 6 minutes ago | Last updated: August 21st, 2024 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
6,996
HOA Dues
$0/mo
Year built
1947
Garage
1 Car
Property Type:
Triplex
Status
Active
MLS#
PW24170435
City
Brea
County
Orange
Time on Site
28 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,125
  • Total Rent: $3,125
  • Pro Forma/Market Rent: $3,495
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,653
  • Total Rent: $3,306
  • Pro Forma/Market Rent: $3,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $77,760
  • Net Operating Income: $50,107
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $25,320
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 310 S Orange Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area, Gas Dryer Hookup, Washer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 28423402
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Brea
  • Directions: Driving East on the Imperial Hwy., Turn right onto S. Orange Ave., Property will be on your left.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Brea Agent

Sale History for 310 S Orange Ave

Last sold for $775,000 on January 7th, 2020

  • August, 2024

  • Aug 19, 2024

    Date

    Active

    CRMLS: PW24170435

    $1,125,000

    Price

  • January, 2020

  • Jan 12, 2020

    Date

    Sold

    CRMLS: IV19275726

    $775,000

    Price

  • Dec 11, 2019

    Date

    Pending

    CRMLS: IV19275726

    $750,000

    Price

  • Dec 4, 2019

    Date

    Active

    CRMLS: IV19275726

    $750,000

    Price

  • Listing provided courtesy of CRMLS

    Wonderful investment opportunity! Live in the front and rent the back units! Right next to Downtown Brea, close to all amenities, about a mile to Brea Mall, convenient access to freeways. The front unit is a 2 bedroom, 2 bathroom. Detached bonus room in backyard. Back two units are each 1 bedroom, 1 bathroom with separate electric meter and accessed from the alley. Don't miss this great opportunity!

  • January, 2020

  • Jan 7, 2020

    Date

    Sold (Public Records)

    Public Records

    $775,000

    Price

Show More

Tax History for 310 S Orange Ave

Assessed Value (2020): $313,667
Year Land Value Improved Value Assessed Value
2020 $247,797 $65,870 $313,667

Home Value Compared to the Market

This property vs the competition

310 S Orange Ave is listed 2.27% higher than the median list price for the city of Brea which has a median list price of $1,100,000. The median price per/sqft for Brea is $582 and this home is listed at $478.72 per/sqft which puts the price per square foot 17.75% lower than the median price per square foot for the city of Brea.

About 310 S Orange Ave

Detailed summary of property

310 S Orange Ave is a triplex located in Brea, CA 92821 and is currently for sale. This triplex offers 4 bedrooms, 4 bathrooms, roughly 2,350 living square feet, and sits on an approximately 6,996 square foot lot. 310 S Orange Ave was first listed on ArdentRealEstateGroup.com on August 19, 2024. The homeowner is currently asking $1,125,000. The median priced home in Brea is $1,100,000 with a median price per square foot of $582. Based on Ardent Real Estate Group's Brea Market Data, this home is listed 2.27% higher than the median priced home. Local competing homes currently for sale include 12681 8th St, 11307 Laurel Ave and 11607 Fidel Ave. While the average home in Brea, CA is selling in 41 days, 310 S Orange Ave has a days on market of 26 days. There are currently 68 homes for sale in the Brea real estate market and 52 of them are single family homes while 11 of them are condos and 5 are townhomes. For more information on this home for sale at 310 S Orange Ave Brea, CA 92821 contact Ardent Real Estate Group and we will put you in touch with one of our Brea agents.

Public Facts for 310 S Orange Ave

Public county record property details
Beds
--
Baths
--
Year built
1947
Sq. Ft.
--
Lot Size
7,021
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
3
APN
284-234-02

The source for these homes facts are from public records.

92821 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,059,000
Median List Price/Sq.Ft.
$573
Median Sold Price
$1,066,000
Median Sold Price/Sq.Ft.
$569
Total Inventory
56
Median Sale to List Price %
106.6%
Avg Days on Market
18
Loan Type
Conventional (61.11%), FHA (11.11%), VA (0%), Cash (5.56%), Other (22.22%)

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(714) 706-1823

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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.

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