Est. cap rate

3.5%

Assumed rent, all units

$9,200/mo

Units

2

Price per unit

$787,500

Est. annual NOI

$55,200

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

6

Bathrooms

3

Building size

2,150 sqft

Lot size

6,600 sqft

Year built

1950

Stories

1

Garage spaces

2

Cooling

Central Air,Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

41

MLS #

246245753

About this property

Own Two Detached Homes on One Lot in Orange in the heart of Orange featuring two detached residences on one parcel. The property includes a four bedroom, two bathroom main house and a newly constructed two bedroom, one bathroom ADU, offering six total bedrooms and three bathrooms across approximately 2,150 square feet. Tenants responsible for utilities, helping reduce operating expenses and simplify management. The flexible layout offers multiple income streams and may appeal to investors seeking strong rental potential or buyers interested in living in one residence while renting the other. Conveniently located near Chapman University, CHOC, St. Joseph Hospital, Old Towne Orange, shopping, dining, and major freeways. A compelling opportunity to acquire a versatile income producing property in a consistently desirable rental market.

Location

417 N Citrus

Orange, Orange, CA, 92868