Est. cap rate

3.0%

Assumed rent, all units

$7,410/mo

Units

3

Price per unit

$499,667

Est. annual NOI

$44,460

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

Triplex

Bedrooms

3

Building size

3,188 sqft

Lot size

9,801 sqft

Year built

1964

Stories

2

Garage spaces

5

Heating

Central

Cooling

Central Air

Pool

None

View

Neighborhood

Status

Active

Days on market

0

MLS #

249283601

About this property

Welcome to 701 N. Mallard St, a well-located Triplex tucked away on a peaceful cul-de-sac in the heart of Old Towne-adjacent Orange, just moments from Chapman University. Offering a rare combination of strong rental demand, desirable unit mix, and ample parking, this is an excellent opportunity for investors and owner-users alike. Enjoy easy access to Chapman University, the dining, shops, and coffee houses of the historic Orange Plaza, and nearby freeways (SR-57, SR-55, and I-5) for convenient commutes throughout Orange County. Orange is consistently one of the county’s most sought-after rental markets thanks to its charm, walkability, and proximity to major employment centers. Total of 7 bedrooms across three units 5 garage spaces, a valuable amenity in this part of Orange. Properties like this rarely come to market in such a sought-after location.

Location

701 N Mallard

Orange, Orange, CA, 92867