Well-Maintained Duplex
3435-- 3437 W Park Balboa Avenue Orange, CA 92868
3435-- 3437 W Park Balboa Avenue, Orange, CA, 92868
Contact for pricing
For Sale
Contact for pricing
Pending
Two-unit duplex offers 3 bed, 2.5 bath layouts, each with a two-car garage and washer/dryer hook-ups.
Property Size3,000 SF
Days on Market159
Property Features for 3435-- 3437 W Park Balboa Avenue
General Information
- Standard status
- Pending
- Size
- 3,000 SF
- Property subtype
- Multifamily
Listing agency
Realty ONE Group United
(310) 356-0940
Listed by
Amy Kang · License #01098876
Source
Crexi
Added: Feb 12 Updated: Jul 21 at 7:49AM Checked: Jul 21 at 7:49AM
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 Realty ONE Group United
Investment Insights
Based on property information with market context.
This well-maintained duplex contains two separate units, numbered 3435 and 3437, with each unit offering 3 bedrooms and 2.5 bathrooms. Both units include a large two-car garage and washer and dryer hook-ups. New water heaters have been installed in the past few months for both units. Unit 3435 was renovated two years ago, including new windows and a new sliding glass door to the patio, along with laminated flooring throughout. The property also includes a low-maintenance rear patio and front driveway with concrete.
The duplex is located in the City of Orange, convenient to shopping and dining at “The Block of Orange,” within a short walk to UCI Medical Center, and with easy access to 5, 22, and 57 freeways.
Both units are currently occupied by steady long-term tenants. Drive-by viewing is available, and interior inspection is subject to an accepted offer.
The duplex is located in the City of Orange, convenient to shopping and dining at “The Block of Orange,” within a short walk to UCI Medical Center, and with easy access to 5, 22, and 57 freeways.
Both units are currently occupied by steady long-term tenants. Drive-by viewing is available, and interior inspection is subject to an accepted offer.
Key Highlights
- Well‑maintained duplex in the City of Orange with two units (3435 and 3437) with 3 bed, 2.5 bath each
- Each unit offers approximately 1,500+ sq ft of living space, with a two‑car garage plus washer/dryer hook‑up
- New water heaters installed within the past few months for both units
Local 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 | $86.4k | $28.80 |
| − Vacancy | −$3.9k | −$1.30 |
| EGI | $82.5k | $27.50 |
| − OpEx | −$24.8k | −$8.25 |
| NOI | $57.8k | $19.25 |
3,000 SF · lease $28.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$825.1K
$722.0K – $962.6K
NOI $57,758 @ 7.0% cap · market cap 3.98%
Second Best
Apartment 5plus
$759.5K
$664.6K – $886.1K
NOI $53,167 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$1.08M
$949.0K – $1.27M
NOI $75,920 @ 7.0% cap · market cap 5.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit duplex offers 3 bed, 2.5 bath layouts, each with a two-car garage and washer/dryer hook-ups.
Where is this duplex located?
The property is located at 3435-- 3437 W Park Balboa Avenue Orange, CA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Well‑maintained duplex in the City of Orange with two units (3435 and 3437) with 3 bed, 2.5 bath each; Each unit offers approximately 1,500+ sq ft of living space, with a two‑car garage plus washer/dryer hook‑up; New water heaters installed within the past few months for both units
