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Four-Unit Residential Income Property
For Sale
$3,450,000

337 343 N Magnolia Street, Orange, CA 92866

Four residential units combine newly constructed homes with one fully renovated residence, each with private entrances.

Property Size4,976 SF
Days on Market75

Property Features for 337 343 N Magnolia Street

General Information

Standard status Active
Size 4,976 SF
Total Parking Spaces 8
Property subtype Quadruplex

Additional Details

Clear Height 16 ft
Multifamily Units 4

Amenities

in-unit laundry
private entrances
yards/patios
solar
individual water heaters
new sewer laterals
individual trash billing
vaulted ceilings
loft areas

Building Details

Building Size 4,976 SF
Year Built 1950
Year Renovated 2025
Tenancy Multi
Listing Agency: Marcus & Millichap RE Invest [email protected] Overview Additional information MLS R ID OC26141584 Interior features Exterior features Lot Size 0.33 Acres Other property details Maintenance Expense $4,000 Garage Yes 55+/Senior Community No Alta Mira Realty Request a tour Contact agent Request a tour Contact agent Listed by Tyler Leeson CA DRE# 01451551 with Marcus & Millichap RE Invest [email protected]
Listed By: Tyler Leeson CA DRE# 01451551 · License #(S):CA:01451551
Source: Altamirarealty
Added: Jun 29 Changed: Sep 8 Last Checked: Sep 10 at 6:00AM

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 Marcus & Millichap RE Invest [email protected] Overview Additional information MLS R ID OC26141584 Interior features Exterior features Lot Size 0.33 Acres Other property details Maintenance Expense $4,000 Garage Yes 55+/Senior Community No Alta Mira Realty Request a tour Contact agent Request a tour Contact agent Listed by Tyler Leeson CA DRE# 01451551 with Marcus & Millichap RE Invest [email protected]

Investment Insights

Based on property information with market context.

337–343 N Magnolia Street is a four-unit residential income property in the City of Orange, California, featuring a rare single-family-style rental profile with no shared walls. The offering includes three newly constructed 3-bedroom/2-bath homes built in 2026, each with modern interior finishes, dramatic 16-foot vaulted ceilings, spacious loft areas, in-unit laundry, private entrances, and yards or patios. All-electric systems are provided with individual metering, and these units are served by solar.

The fourth unit is a 4-bedroom/2-bath home originally constructed in 1950 and fully renovated in 2025, with a new HVAC system and updated finishes. The property provides eight on-site parking spaces, individual water heaters, and new sewer laterals for all four homes. Additional operational details include expected 80% water utility reimbursement through RUBS and individual trash billing directly to the City. The property is located near Chapman University and Old Towne Orange.

Key Highlights

  • Four‑unit residential property (337‑343 N Magnolia St, City of Orange) with three newly constructed homes plus one fully renovated 1950 home.
  • Three newly built 3 bed/2 bath homes (built 2026) with large loft areas, 16‑foot vaulted ceilings, in‑unit laundry, private entrances, and yards/patios.
  • Original 4 bed/2 bath home (built 1950) fully renovated in 2025 with a new HVAC system.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Wine and Liquor Store Butcher Pet Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,783
Businesses Nearby

Demographics for 92866, CA

15,935
Population
5,991
Households
2.7
Avg Household Size
36
Median Age
31%
College-Educated
85%
High-School Grad
1.9 sq mi
ZIP Area
8,387
Density / Sq Mi
$83,776
Median Household Income
$45,872
Median Earnings
$1,955
Median Rent
$892,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units combine newly constructed homes with one fully renovated residence, each with private entrances.
Where is this quadplex located?
The property is located at 337 343 N Magnolia Street Orange, CA.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: Four‑unit residential property (337‑343 N Magnolia St, City of Orange) with three newly constructed homes plus one fully renovated 1950 home.; Three newly built 3 bed/2 bath homes (built 2026) with large loft areas, 16‑foot vaulted ceilings, in‑unit laundry, private entrances, and yards/patios.; Original 4 bed/2 bath home (built 1950) fully renovated in 2025 with a new HVAC system.
More about this property
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