337 North Magnolia Street, Orange, CA 92866
337 North Magnolia Street, Orange, CA 92866
337 North Magnolia Street, Orange, CA 92866
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John R Thompson

John R Thompson

+1(805) 796-5221
Listed by Tyler Leeson • Marcus & Millichap RE Invest
$3,450,000
Est. payment /mo
4,976 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,976 sqft

Price per Sqft $693

MLS Listing ID OC-26141584

Year Built 1950

Lot Size 0.331 Acres

Property Sub-Type Quadruplex

Source California Regional Multiple Listing Service (CRMLS)

Property Description

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.

Location

State CA

County Orange

Area Oto - Old Towne Orange

Interior

Laundry Dryer Included, Washer Included

Exterior

Garage Spaces 1.0

Pool None

Community Features Curbs, Gutters, Sidewalks, Street Lights

Building

Lot Description Level with Street

Sewer Public Sewer

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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

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337 North Magnolia Street