Single-Story Triplex with
For Sale
$1,200,000
Pending
2695 N Canal St, Orange, CA 92865
Three well-kept units with private patios and in-unit hookups provide an owner-occupiable rental setup.
Property Size2,520 SF
Days on Market52
Property Features for 2695 N Canal St
General Information
Standard status
Pending
Size
2,520 SF
Property subtype
Investment
Occupancy
100%
Additional Details
Highway Access
Yes
Multifamily Units
3
Building Details
Year Built
1979
Stories
1
Tenancy
Multi
Listing Agency:
A TEAM REALTY
(714) 865-7008
Listed By:
RUTH SHAN · License #01896201
(714) 865-7008
Source:
Elliman
Added: Jun 12
Changed: Jul 10
Last Checked: Jul 24 at 12:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of A TEAM REALTY
Investment Insights
Based on property information with market context.
This single-story triplex totals 2,520 square feet of living space and is arranged as two two-bedroom, two-bath units plus a one-bedroom, one-bath unit. Each unit includes its own one-car garage, with some additional parking spaces available. Interiors feature nicely sized living rooms, large bedrooms and baths, and kitchens with dining rooms. Washer/dryer hookups are provided inside each unit, along with central air/heat for climate control. Tenants also have private patios.
The property is centrally located with access to freeways, parks, schools, and shopping, and there are multiple restaurants nearby. Bike, walk, and transit scores are noted as Bikeable (59), Somewhat Walkable (63), and Some Transit (40).
For investors or owners seeking a residential income asset, the unit mix supports flexible tenant needs across two-bedroom and one-bedroom households. With all units described as occupied and tenants paying all utilities, the property is positioned as a manageable, low-maintenance rental configuration.
The property is centrally located with access to freeways, parks, schools, and shopping, and there are multiple restaurants nearby. Bike, walk, and transit scores are noted as Bikeable (59), Somewhat Walkable (63), and Some Transit (40).
For investors or owners seeking a residential income asset, the unit mix supports flexible tenant needs across two-bedroom and one-bedroom households. With all units described as occupied and tenants paying all utilities, the property is positioned as a manageable, low-maintenance rental configuration.
Key Highlights
- Leasing rights through 2063 for a 1‑story triplex with 2,520 sq ft of living space
- Unit mix: two 2‑bedroom/2‑bath units plus one 1‑bedroom/1‑bath unit
- All units are occupied and each includes a one‑car garage and private patio
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 | $72.6k | $28.80 |
| − Vacancy | −$3.3k | −$1.30 |
| EGI | $69.3k | $27.50 |
| − OpEx | −$20.8k | −$8.25 |
| NOI | $48.5k | $19.25 |
2,520 SF · lease $28.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$693.1K
$606.5K – $808.6K
NOI $48,517 @ 7.0% cap · market cap 4.04%
Second Best
Apartment 5plus
$638.0K
$558.3K – $744.3K
NOI $44,660 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$911.0K
$797.2K – $1.06M
NOI $63,773 @ 7.0% cap · market cap 5.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,214
Businesses Nearby
Explore this area
Business Placement
Demographics for 92865, CA
20,859
Population
7,188
Households
2.9
Avg Household Size
37
Median Age
40%
College-Educated
90%
High-School Grad
3.8 sq mi
ZIP Area
5,489
Density / Sq Mi
$130,258
Median Household Income
$54,484
Median Earnings
$2,343
Median Rent
$842,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three well-kept units with private patios and in-unit hookups provide an owner-occupiable rental setup.
Where is this triplex located?
The property is located at 2695 N Canal St Orange, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Leasing rights through 2063 for a 1‑story triplex with 2,520 sq ft of living space; Unit mix: two 2‑bedroom/2‑bath units plus one 1‑bedroom/1‑bath unit; All units are occupied and each includes a one‑car garage and private patio
