Triplex with Separate
603 S Orange Santa Ana, CA 92701
For Sale
$1,649,000
MULTI_FAMILY - Santa Ana, CA
Property Size3,212 SF
Lot Size0.21 Acres
Price / SF$513.39
Days on Market119
Property Features for 603 S Orange
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
7
Bathrooms
5
Rooms
Bathroom 1, Bedroom 4, Bathroom 5, Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 7, Bedroom 5, Bathroom 3, Bedroom 1, Laundry Room, Bedroom 3, Bedroom 6
Parking
7
Parking features
Carport, Gated, Garage
Fireplace
1
Standard status
Active
APN
40410307
Lot size
0.21 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1953
Floors in Building
2
Number of units
3
Listing Agency:
First Team Real Estate
(949) 759-5747
Listed By:
Justin Miller · License #01292458
(949) 759-5747
Added: Apr 3
Changed: Jul 28
Last Checked: Jul 30 at 5:06AM
MLS# PW26071918
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Santa Ana triplex includes a spacious 5-bedroom front house and two separate 1-bedroom rear units. The front home is 2,042 sq. ft., and each rear unit is 585 sq. ft., all positioned on a 9,224 sq. ft. lot (per assessor). Both the main house and rear units have separate meters, and the rear units are independently accessed from the alley.
The rear units include private side entrances with no shared backyard space. Recent exterior upgrades include updated windows, newer fencing, and extensive exterior wood repairs, along with improved stair access and landings for the rear units. Interior finishes feature wood and tile flooring and interior wood stairs.
The property also offers a large front yard with lush grass, a decorative cement and wrought-iron fence, and a low-maintenance backyard. It is a corner location with ample parking, including four single-car garages under the rear units and a separate driveway with direct access suited for RV or boat parking.
The rear units include private side entrances with no shared backyard space. Recent exterior upgrades include updated windows, newer fencing, and extensive exterior wood repairs, along with improved stair access and landings for the rear units. Interior finishes feature wood and tile flooring and interior wood stairs.
The property also offers a large front yard with lush grass, a decorative cement and wrought-iron fence, and a low-maintenance backyard. It is a corner location with ample parking, including four single-car garages under the rear units and a separate driveway with direct access suited for RV or boat parking.
Key Highlights
- Investment/owner‑occupant setup in Santa Ana: 5‑bedroom front house plus two separate 1‑bedroom rear units
- Front house 2,042 SF and each rear unit 585 SF; all on a 9,224 SF lot (per assessor)
- Separate meters for main house and rear units, with convenient alley access and private side entrances for the rear units
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $104.1k | $32.40 |
| − Vacancy | −$4.7k | −$1.46 |
| EGI | $99.4k | $30.94 |
| − OpEx | −$29.8k | −$9.28 |
| NOI | $69.6k | $21.66 |
3,212 SF · lease $32.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$993.9K
$869.6K – $1.16M
NOI $69,570 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$912.0K
$798.0K – $1.06M
NOI $63,839 @ 7.0% cap · market cap 3.87%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Front 5-bedroom home plus two separate 1-bedroom units, each with its own meters and alley access.
Where is this triplex located?
The property is located at 603 S Orange Santa Ana, CA.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: Investment/owner‑occupant setup in Santa Ana: 5‑bedroom front house plus two separate 1‑bedroom rear units; Front house 2,042 SF and each rear unit 585 SF; all on a 9,224 SF lot (per assessor); Separate meters for main house and rear units, with convenient alley access and private side entrances for the rear units
